The government requested a loan of Rs 850 crore only to pay the salaries of all its employees during the month of June. To keep the company floating for the coming months, a loan of Rs 2,500 crore was also requested.
BSNL Survive Analysis Report: Real facts about Salary to pay employees, BSNL has been in a serious financial crisis for a while. The state-owned telecommunications operator is no longer able to pay salaries or manage daily operations. Lets check out the detailed analysis.
Important Notes:
The telecommunications operator has witnessed turbulent waters in recent years. With the arrival of Reliance Jio on the scene, the condition worsened for BSNL. Compared to its rivals, BSNL has fallen behind in terms of services and technological advances. In an era when everyone is preparing for the 5G network, BSNL is testing its 4G network across the country.
So what went wrong with BSNL? What will happen to this? Will it survive this time?
What happens with BSNL?
BSNL is in serious financial trouble. The company has been in this situation for a while and the condition has deteriorated to the point that it cannot pay salaries to its employees. In fact, BSNL has requested government assistance for financial aid, which in turn has called on banks to ask for help.
How does the government help BSNL?
The government requested a loan of Rs 850 crore only to pay the salaries of all its employees during the month of June. To keep the company floating for the coming months, a loan of Rs 2,500 crore was also requested.
Will financial aid help BSNL stay afloat?
The financial assistance required for a Rs 2,500 crore is sufficient for the company to operate for the next 6 months. However, the loan has not yet been granted and the pre-existing debt of 13,000 crores can force banks to withdraw any form of financial support.
Why is BSNL in this situation?
According to media reports, BSNL has been in trouble in the last 10 years due to government policies and delays in incorporating new infrastructure. The lower infrastructure, as well as the structure of the company, led to this situation. The telecommunications department also asked BSNL not to go to the banks to get more loans.
Will BSNL survive?
This is a question that nobody can answer right now. BSNL has such large debts that creditors wonder how the company will pay the loans. Although the relief of Rs 2,500 crores is granted, it will take a few months before BSNL has problems again.
What should BSNL customers do?
From now on, the company is working properly and recently it has improved its Postpaid and prepaid connections on PAN India. If you have a connection, you need to keep it for now and enjoy latest offers, discount schemes introducing by BSNL.
Government ensured both BSNL and MTNL for its revival taking measures in this regard to improve its financial posisition and defenetly in future BSNL will a tough competetion to other operators with its latest 4G launch. However 5G network is under testing mode soon these both PSU will be benefited with 5G service and for the launch of 5G service date is not yet announced.
BSNL Survive Analysis Report: Real facts about Salary to pay employees, BSNL has been in a serious financial crisis for a while. The state-owned telecommunications operator is no longer able to pay salaries or manage daily operations. Lets check out the detailed analysis.
Important Notes:
- BSNL is in serious financial trouble.
- BSNL has witnessed turbulent waters in recent years.
- With the arrival of Reliance Jio on the scene, the condition worsened for BSNL.
The telecommunications operator has witnessed turbulent waters in recent years. With the arrival of Reliance Jio on the scene, the condition worsened for BSNL. Compared to its rivals, BSNL has fallen behind in terms of services and technological advances. In an era when everyone is preparing for the 5G network, BSNL is testing its 4G network across the country.
So what went wrong with BSNL? What will happen to this? Will it survive this time?
What happens with BSNL?
BSNL is in serious financial trouble. The company has been in this situation for a while and the condition has deteriorated to the point that it cannot pay salaries to its employees. In fact, BSNL has requested government assistance for financial aid, which in turn has called on banks to ask for help.
How does the government help BSNL?
The government requested a loan of Rs 850 crore only to pay the salaries of all its employees during the month of June. To keep the company floating for the coming months, a loan of Rs 2,500 crore was also requested.
Will financial aid help BSNL stay afloat?
The financial assistance required for a Rs 2,500 crore is sufficient for the company to operate for the next 6 months. However, the loan has not yet been granted and the pre-existing debt of 13,000 crores can force banks to withdraw any form of financial support.
Why is BSNL in this situation?
According to media reports, BSNL has been in trouble in the last 10 years due to government policies and delays in incorporating new infrastructure. The lower infrastructure, as well as the structure of the company, led to this situation. The telecommunications department also asked BSNL not to go to the banks to get more loans.
Will BSNL survive?
This is a question that nobody can answer right now. BSNL has such large debts that creditors wonder how the company will pay the loans. Although the relief of Rs 2,500 crores is granted, it will take a few months before BSNL has problems again.
What should BSNL customers do?
From now on, the company is working properly and recently it has improved its Postpaid and prepaid connections on PAN India. If you have a connection, you need to keep it for now and enjoy latest offers, discount schemes introducing by BSNL.
Government ensured both BSNL and MTNL for its revival taking measures in this regard to improve its financial posisition and defenetly in future BSNL will a tough competetion to other operators with its latest 4G launch. However 5G network is under testing mode soon these both PSU will be benefited with 5G service and for the launch of 5G service date is not yet announced.
