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BSNL's total net loss Rs 57,671 crore since inception
As per the Ministry of Communication, the reasons for losses of the BSNL and the MTNL are high employee cost over the years, debt burden, stiff competition in the market, and lack of 4G services (except on a limited basis in certain areas). On October 23, 2019, the government approved the revival plan for BSNL and MTNL.
Jio surpassed BSNL to become the country's largest fixed broadband provider
JioFiber's market share improved 85bp month on month to 16.9 per cent (launched commercially in Sep-19), Nomura said in a report. Bharti added 0.1mn subs to reach 4.08mn FBB subs (up 68% since May-20), with market share up 60bp m-m to 15.9 per cent.
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