anil wrote:epraneeth77 wrote:anil wrote:epraneeth77 wrote:anil wrote:epraneeth77 wrote:I think again the clarity on BSNL will come by June, after the new government settles in as to whether BSNL will move forward or will dissolve, which is very unlikely.
Till then all are just speculations as there are contradictory news cropping up, with different sections of Government and BSNL presenting opposite news.
Yes matter will settle by new government. But I am not in favor of close to BSNL
There are tens of BSNL Employee Unions, so it will not be easy to close it. Also BSNL serves some government sectors or their utilities so complete closure of BSNL is not at all possible.
It is better to make some efforts to make it a profitable company than closing it.
I think it all depends on whether the new government will give 4g to BSNL or not. That is the main point of contention. Its been many months and no firm decision is taken on this regard. If it is not given 4g, the stocks of the company will slip down further and at an expeditious pace.
Solving problem of BSNL is in agenda of present government. If BJP will come back than I am hoping that it will do some to save BSNL.
Till now, neither UPA nor NDA has done anything noteworthy for BSNL. They have always favoured others and put BSNL in losses. Now they are not even supporting it to be funded even thought the Debts of the Company are the lowest among telecom sector.
Jio has been favoured by NDA, though it might be in the interest of the Nation, it is important to grant a level ground for BSNL by giving it 4g services to compete on a healthy competition. That is the basic requirement.
Also BSNL & MTNL, both were formed from the employees of DOT(Department of Telecom), at that time an agreement was made with Government that BSNL will be taken care by government and all the necessary support will be given by the government to BSNL in any situation. But that has not been the case so far.
Contract employees are set to lose jobs now in BSNL.
https://www.thehindu.com/news/cities/Thiruvananthapuram/hundreds-of-bsnl-contract-staff-set-to-lose-jobs/article27073821.ece