• BSNL: a blackhole for taxpayers' money

  • Aug 19 2023
  • Length: 7 mins
  • Podcast

BSNL: a blackhole for taxpayers' money

Listen for free

View show details

  • Summary

  • The Government recently announced a revival package of INR 89,000 CRORE to keep the lights on at BSNL so that it can get 4G/5G allocation. This is the third package in the last 5 years taking the accumulated amount spent by the Government to 3.3 LAKH CRORE. That’s a lot of money.

    Is it worth investing or should I say pouring such a vast amount of money into a failing telecom operator? Or should the Government think of shutting it down OR selling it? Is this the best use of taxpayers’ money?

    We spoke about this & more in this episode.

    Stocks discussed: RELIANCE, BHARTIARTL, IDEA.

    I wrote an article doing a deep dive into BSNL here.
    Show More Show Less
Show More Show Less

What listeners say about BSNL: a blackhole for taxpayers' money

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.