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Rs 1.64-trn revival package for BSNL comes too late in the day: Analysts

The government should have merged BSNL and MTNL, and then looked at such a move, says an analyst

BSNL
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On Wednesday, the Union Cabinet approved a Rs 1.64-trillion revival package for BSNL that aims not only to improve its services, but also help de-stress BSNL's balance-sheet and help expand its fiber network.

Puneet Wadhwa
The government’s Rs 1.64-trillion revival package for beleaguered BSNL has come in too late, said analysts who expect stiff competition for the state-owned telco from the private players who are already queuing up and spending heavily on securing the 5G spectrum. 

“The package has come in too late. That apart, the government is planning to make administrative allocation of spectrum to BSNL to offer 4G services. All this is at a time when the government is auctioning the 5G spectrum. That apart, the BSNL will not be able to offer services Delhi and Mumbai –two of the busiest circles for