BSNL posts consecutive profits after 18 yrs: What changed? | Telecom sector | Business news

After nearly two decades of financial turbulence, Bharat Sanchar Nigam Limited (BSNL) has reported net profits for two consecutive quarters, marking a significant turnaround in its fiscal health. This achievement comes after years of mounting losses, leading many to question what factors have contributed to this unexpected resurgence. Analysts suggest that a combination of strategic cost-cutting measures and increased government support has played a pivotal role in this transformation. BSNL's recent success can be attributed to its aggressive restructuring efforts and focus on operational efficiency. The company has streamlined its workforce and optimized its network infrastructure, which has significantly reduced operational costs. Moreover, the introduction of competitive pricing strategies and innovative service offerings has helped BSNL regain a portion of its lost market share in the fiercely competitive telecom sector. Government initiatives have also been instrumental in BSNL's revival. Infusions of capital and favorable policy changes have provided the company with the necessary resources to upgrade its technology and expand its reach. As BSNL continues to build on this momentum, industry observers are keenly watching to see if the state-owned enterprise can sustain its profitability and further strengthen its position in the telecom industry.

— Authored by Next24 Live