Debt on major telcos hits Rs 4 trn in FY24; BSNL debt lowest at Rs 23 .2k cr

The total debt on four major telecom operators in the country stood at Rs 4,09,905 crore in the financial year 2024, with state-owned BSNL recording the lowest debt among competitors at Rs 23,297 crore, Parliament was informed on Wednesday.

According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in a written reply to the Lok Sabha, Vodafone Idea registered a debt of Rs 2.07 lakh crore, Bharti Airtel Rs 1.25 lakh crore and Jio Infocomm Rs 52,740 crore as of March 31, 2024.