The PSU sector readies itself for a boost by 4G

4G

4G technology in India was pioneered by Reliance Jio in the year 2016 when it started functioning and practically disrupting the telecom markets by providing high-speed internet at a very affordable cost to the cost-effective sentiments of the Indian consumer base. The roles and responsibilities of this paradigm shift were in grey and sooner rather than later every other telecom company who couldn’t compete in the same horizon of spectrum started vanishing, and that included the likes of Public Sector Units of BSNL & MTNL who didn’t have the necessary tools of the trade to be competent enough in the changing market and conditions.

The Union government recently announced in the Parliament that BSNL would be getting its own share of 4G spectrum for services, this news comes in the backdrop of 5G technology being heavily debated over the fund lacking infrastructure commitment of the telecom companies and that of the government itself. The move resolute a solemn support for the ailing PSU whose approximately fifty thousand employees have opted for Voluntary Retirement Scheme (VRS) in the past few months sighting woe of the operational and the total debt of the company and no plans indicated by the government to revive the PSU.

The change was needed, and the effort was needed, but it is a bit too late for the likes of BSNL and MTNL to return immediate profitability and also the long haul of networks will seek to limit the exposure of these companies in the new and emerging technological advancement in 5G tech, the movie now has ensured that the shift of these networks on to the next step will be further delayed and that will hamper the productivity and the operational characteristics of the company. But its better late than never and from what we have seen in the past, PSU’s have a knack of doing much more with limited resources than what private players can establish, so let’s hope for a speedy and concrete revival of these industries which are an operating arm of the government to ensure the outreach to the common public of the domains of governance and of public outreach.

 

 

 

Tagged
Shreyas Tanna

About Shreyas Tanna

The winner of Mr. Pune 2009 Pageant, Mr. Shreyas Tanna is currently the young, dashing, and dynamic CEO of a market research company called Research N Reports in Pune. Fondly known as RNR, the company specializes in market research as well as industry analysis, and is closely associated with its parent company Absolute Markets Insights (AMI). Mr. Shreyas Tanna began his corporate journey as the Head of Corporate sales & PR at RED Entertainment while pursuing his degree for MMS (Marketing) from the MGM College of Management, Mumbai. After accomplishing the tedious task of balancing his work and education, he further polished his skills in Corporate Sales, Public Relations, Channel Development, Global Client Engagement, Strategic Consulting, and Brand Development by working with HDFC Life and ResearchMoz Global Pvt. Ltd. His dedication towards his work has even won him accolades such as the National Level Performer 2013 – HDFC Life and Mr. ResearchMoz 2015. A disciplined individual with a loving heart, he is often seen taking crisp walks with an engrossed look and a gentle smile within the premises of his company to interact with the various departments. And he will be usually followed by an adorable trail of his beloved trio of Shih Tzu babies proudly known as Gucci, Drake, and Paris. The most enticing thing that you will notice about this content and proud pet parent is his infectious positivity and the firm belief in his eyes, a reflection of his favorite quote, “LIFE IS BEAUTIFUL!”

View all posts by Shreyas Tanna →