Business Today

Distress Call

State run BSNL and MTNL, credited with laying the country's telecommunication infrastructure, are battling for survival, owing to mismanagement and mounting losses. Can the government rescue them?

Close to Connaught Place, in the heart of New Delhi's business district, stands Eastern Court, the colonial building designed by Robert Tor Russell. Once a picture of elegance a creamy white facade, arcades, huge verandahs and a massive lawn the sprawling complex is today crumbling with decay and neglect.

Much like the state run telecom company it houses: Mahanagar Telephone Nigam Ltd (MTNL). The Bharat Sanchar Nigam Ltd (BSNL) office, a stone's throw away, appears swankier, but walk into either of the offices and you find files piled up on desks, the backrest of chairs lined with towels, broken hot cases and too many hands to do each task. A notice at the MTNL reception instructs visitors not to pay bribes and to lodge a complaint if an official asks for one. It's a vintage sarkari set piece, reflecting the archaic ways in which the telecom behemoths carry out their business.

Scores of

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today7 min read
Alpha Tale
THE WEALTHY INVESTOR in India has never had it so good. For that, they must thank the robustness and resilience of the country’s financial markets. And their money managers. While not a single portfolio manager catering to the affluent class in India
Business Today1 min read
“Be In Haste But Not In A Hurry”
What was the problem you were grappling with? I found it really challenging to handle the company’s growing scale. With the increasing complexity of operations, I felt overwhelmed trying to navigate through the uncertainties. The downturn in 2022 exa
Business Today1 min read
Subscribe And Get Upto 81% Discount*
READ CREDIBLE, EXCLUSIVE, AND INSIGHTFUL BUSINESS STORIES

Related