The public sector telecom company BSNL, on Monday, announced that it will set up 40,000 Wi-Fi hotspots throughout the country. The telecom major says, it’s taking this initiative to counter the lack of 4G data services.
Airtel is the only telecom provider which is offering 4G data services across India at present. Reliance Jio and Vodafone are likely to start their respective 4G data services this year. BSNL neither has plans to start 4G data services nor does it have the relevant spectrums to start with.
BSNL CMD Anupam Shrivastava told reporters “We are at present neither a 4G service provider, nor do we have the relevant spectrum to launch 4G services. But to deal with this challenge, we are working on a scheme to set up 40,000 Wi-Fi Hotspots in the country, as Wi-Fi Hotspot is faster than 4G services”.
He also said that 500 Wi-Fi Hotspots have already been set up in the country under the scheme. The company is also looking forward to increase the number to 2,500 in the current financial year. BSNL is planning to set up around 25,000 mobile towers in the country to enhance its telecom service. For this, the company will be investing Rs 5,500 crores, Shrivastava added.
The BSNL CMD further said that the company achieved an operating profit of Rs. 672 crores in FY15, and expects it to reach Rs. 1000 crores by the end of the current fiscal year.
“We are not just satisfied by increasing our operating profit, but we are also working on taking the company to a net profit position. We expect to reach that position by FY19”, Anupam Shrivastava added.