Merger with Vodafone Idea will be suicidal for BSNL.
Recently, the Deutsche Bank has suggested that, the Vodafone Idea should be merged with BSNL. Following this, more voices have started coming, in favour of the merger of Vodafone Idea with BSNL. It is important to note that, Vodafone Idea is having a huge debt of $30 billion (Rs.2,25,000 crore). In the January to April Quarter of 2021, Vodafone Idea’s loss is Rs.3,022 crore. Above all, customers are leaving Vodafone Idea massively. In two months alone, i.e., November & December, 2019, 4 core customers left Vodafone Idea. This trend is continuing and lakhs of customers are leaving Vodafone Idea every month. Today, Kumarmangalam Birla has resigned from the Chairman post of Vodafone Idea. Under these circumstances the merger of Vodafone Idea with BSNL will be suicidal for BSNL.
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