Prime Minister Narendra Modi had taken stock of the BSNL’s ailing condition a few months back, and a presentation was made by BSNL’s chairman.
Investment would mean more borrowings, but the reward could be revenue streams never seen before.
The penalties issue had divided the telecom industry with the older operators on one side and Jio and Trai on the other.
Now the entry point for Airtel postpaid subscribers is Rs 499.
Airtel is struggling to add subscribers in a saturated market after Jio managed to lure more than 30 crore users over the past three years.
A big part of Vodafone’s aim to maintain its dominant position in the market has to do with subscriber retention, and addition of new subscribers.