Growing pain: BSNL losses to soar as 4G tender stuck

It’s going to be almost a year since the government approved a Rs 70,000-crore revival package for the ailing Bharat Sanchar Nigam (BSNL), but the company is still struggling to put in place a tender to place orders for building its 4G network. This is when one of the key reasons forwarded by the government in favour of a revival package was that once 4G spectrum worth around Rs 24,000 crore is given to the company it would be able to effectively compete with its private sector peers and become profitable by FY24.