Question : Dividend by Telecom PSUs

(a) the share of Government in telecom PSUs, the BSNL and the MTNL;

(b) whether the Government receives proportional dividend from these PSUs;

(c) if so, the details thereof during the last three financial years, year and PSU-wise; and

(d) if not, the action taken by the Government in this regard?

Answer given by the minister

THE MINISTER OF COMMUNICATIONS AND INFORMATION TECHNOLOGY
(SHRI RAVI SHANKAR PRASAD)

(a) Bharat Sanchar Nigam Limited (BSNL) is a wholly owned Government Company while Government holds 56.25% share in Mahanagar Telephone Nigam Limited (MTNL).

(b) to (d) BSNL and MTNL have been incurring losses since 2009-10 and, therefore, they have not declared any dividend during the last three financial years.

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