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9 million broadband connections by year-end

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NEW DELHI: The government has set a target of providing nine million broadband connections by this year end and 20 million connections by the end of 2010.

Addressing the Parliamentary Consultative Committee attached to his ministry, Communications and Information Technology Minister Dayanidhi Maran stated that more than a million broadband connections would be added per month before the end of 2007 thanks to the availability of new disruptive wireless broadband technologies such as Wi-MAX.

He stressed the need for wire line and wireless broadband to co-exist and expand together and said new applications such as tele-aid medicines, IPTV, video conferencing, e-governance, e-commerce etc. will be available to citizens with broadband availability. Members complained about the poor mobile connectivity in the rural/remote areas and stressed the need for improving the complaint redressal mechanism in the backward and rural areas.

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There will be special emphasis for the North-Eastern States and Jammu & Kashmir, Maran added. He informed the members that the Bharat Sanchar Nigam Limited (BSNL) had declared Year 2007 as “Year of North East and Jammu Kashmir” with the objective of improving teleconnectivity in these states. Dr. Shakeel Ahmad, Minister of State for Communications and Information Technology was also present.

 
Through a presentation on the initiatives on Broadband, members were shown the targets to be achieved under the broadband initiatives, broad strategy and action plans prepared by the BSNL and Mahanagar Telephone Nigam Limited (MTNL).

It is envisaged under the action plan that broadband coverage of all secondary and higher secondary schools, public health care centers and Village Panchayats would be provided by the year 2008. Broadband connectivity would be provided to 100,000 Community Service Centers (CSC) covering 20000 CSCs by ADSL by September 2007; 1000 blocks by wireless broadband by December 2007 and the remaining 5000 blocks by wireless broadband with USO support by June 2008. BSNL, as part of their action plan, have envisaged adding an average of 500,000 broadband connections per month from January 2008.

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Eighty per cent of the exchanges would be broadband by the end of 2007 and roll out of IPTV will begin in major cities. In addition to this, BSNL will aggressively roll out high speed broadband (like Wi-MAX) services and allow integration of multiple access technology like ADSL 2 +, VDSL 2, fibre-home, Wi-Fi, Wi-MAX, 3G, CorDECT etc. The focus will be to provide multi-play instead of triple play.

 
As a part of the strategy, MTNL has envisaged a target of providing one million broadband connections by the end of this year and addition of an average 100,000 connections per month from January 2008. It has also decided to strengthen its IPTV services which have been recently rolled out fully in Mumbai and in limited areas of Delhi.

Maran informed the members about the recent amendment to the Indian Telegraph Act to provide support from USO fund for mobile and broadband services in remote/rural areas. He said restrictions of providing mobile services within 10 km. of international borders had been relaxed to 500 metres except along the Line of Control and Line of Actual Control in the areas of Akhnoor and Pathankot of J and K. Maran hoped that mobile connectivity to the rural area and border areas will improve significantly with these decisions.

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News Broadcasting

Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore

PAT improves to Rs 306.6 crore, margins steady amid cost pressures.

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MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.

Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.

However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.

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Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.

At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.

On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.

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Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.

The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.

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