BSNL loss pegged at Rs 14,202 cr in FY19; fall in revenue at Rs 19,308 cr

The company's revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crore in 2016-17

State-owned telecom firm BSNL's loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19, Parliament was informed on Wednesday.

The public sector firm's provisional loss was Rs 4,859 crore in 2015-16, Rs 4,793 crore in 2016-17, Rs 7,993 crore in 2017-18 and is estimated to widen to Rs 14,202 crore in 2018-19, Telecom Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha.

"Low tariffs due to fierce competition in the mobile segment, high staff cost and absence of 4G services (except in few places) in the