Deteriorating financial condition of BSNL and MTNL and the elusive Achche Din

BSNL Reports Losses of Rs 4,785 Crore in FY18; Telecom Minister Rejects Merger With MTNL.

BSNL s falling revenue over the year.

Rs 32,411 crore in Financial year 2015-16

Rs 31,533 crore in Financial year 2016-17

Rs 27,818 crore in Financial year 2017-18

So If you can see the revenue is clearly decreasing day by day. But the Honble Telecom minster is saying that BSNL is narrowing down its losses.

If you look at MTNL which operates in two circle the situation is not much different.

Rs 3,513 crore crore in Financial year 2015-16

Rs 3,552 crore crore in Financial year 2016-17

Rs 3,116 crore crore in Financial year 2017-18

On the other hand in 2013-14 revenue of MTNL was Rs. 3,714.08

Both these telcos are in real bad shape. If you think about acchhe din then definitely not these two PSU can say its achche din for them.

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