About BSNL -Business standard.

http://business-standard.com/india/news/with-rs-548-cr-medical-bill-bsnl-is-nothealthy-organisation



When we first looked (in June 2011), state-owned telecom giant Bharat Sanchar Nigam Ltd (BSNL) was headed for losses of Rs 2,725 crore for the year ended March 2011. In August, reports suggested unaudited losses had jumped to Rs 6,000 crore from Rs 1,823 crore in 2009-10. The final loss figure for 2010-11 stands at Rs 6,384 crore.
Worse, like state-owned Air-India, BSNL, too, appears to be in terminal decline, with sales shrinking at an alarming pace and costs — including a staggering employee bill — still rising. We take a closer look at some of BSNL’s numbers that highlight a problem symptomatic of most state-owned organisations, except of course, for an honourable few.

financial health — which clearly are not sufficient to do anything significant, given how bad things are. In contrast with BSNL’s shrinking revenue, Vodafone declared a 24 per cent jump in revenues for its India business from Rs 23,700 crore in 2010 to Rs 30,002 crore for 2011, with a total subscriber base of 134 million. In sales numbers, Vodafone, too, is bigger than BSNL, and so are other private telecom players like Bharti Airtel and Reliance Communications.(Click here for table & graph)