Total debt on major telcos hits Rs 4.09 L Cr in FY24; BSNL debt lowest at Rs 23,297 Cr

The total debt of major Indian telecom companies reached ?4.09 lakh crore in FY24, with BSNL’s debt being relatively lower at ?23,297 crore. The report highlights the financial challenges faced by the telecom sector, including spectrum costs, regulatory dues, and infrastructure investments. Private players like Airtel and Jio continue to dominate market share but face significant liabilities due to aggressive expansion strategies and competitive pricing. BSNL, despite a lower debt burden, struggles with operational inefficiencies and declining market share. The debt situation underscores the need for strategic reforms and potential government interventions to ensure the sector's sustainability. This analysis highlights the challenges of balancing growth and financial stability in a highly competitive industry, emphasizing the critical role of efficient management and policy support for long-term viability.