I just read an article today regarding the BSNL's net profit erosion of more than 97% within 2 yrs could soon plunge into red...if the trend continues to go like this....
With "Lifetime schemes,millions of sleeping customers,sharp increase in operating expensesand the massive impac of Sixth pay commision for the employees"...BSNL PAT fell sharply to hit 104 crores from rs.3009 crores...a 96.7% fall....on the vergeof increase in 70% mobile revenues from 2006...
God knows where its fate is about to go..or we can say the politicians and the telecom minister Mr. A.Raja..
Some recommendations from my side-
a)BSNL needs agility in its tender process to keep pace with India's growing demand.
b)Marketing and branding is the need of the hour...for BSNL to grow ahead...
c)Training of its workforce.
d)Or if that doesnt solves the problem...the govt.should privatise it so that it should not become a sick unit...and go to BIFR....
or else...it will be the same case which happened to HMT(Hindustan Machine Tools)....
Source-TOI & ET
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