Bharat Sanchar Nigam Limited (Hindi: भारत संचार निगम लिमिटेड) (known as BSNL, India Communications Corporation Limited) is a state-owned telecommunication enterprise in India. BSNL is the Third largest cellular service provider, with over 66.88 million customers as of June 2010 and the largest land line telephone provider in India. BSNL further plans to increase its customer base to 160 Million by March, 2014. Its headquarters are at Bharat Sanchar Bhawan, Harish Chandra Mathur Lane, Janpath, New Delhi. It has the status of Miniratna, a status assigned to reputed Central Public Sector Enterprise in India.
BSNL is India's oldest and largest Communication Service Provider (CSP).[citation needed] Currently has a customer base of 90 million as of June 2008.[3] It has footprints throughout India except for the metropolitan cities of Mumbai and New Delhi which are managed by MTNL. As on June 30, 2010 BSNL commanded a customer base of 27.45 million Wireline, 72.69 million Wireline subscribers. BSNL's earnings for the Financial Year ending March 31, 2009 stood at INR 397.15b (US$7.03 billion) with net profit of INR 78.06b (US$ 1.90 billion). BSNL has an estimated market value of $ 100 Billion. The company is planning an IPO with in 6 months to offload 10% to public in the Rs 300-400 range valuing the company at over $100 billion.
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