‘The Tata Group has informed the government that it plans to shut down its wireless business, bringing an end to its 21-year-old phone services venture.’ (The Hindu).

Yes, the huge profit in running the telecom services has come down and many telcos are in loss. The entry of Reliance Jio with deep pockets has made the competition, a question of life and death to many companies. BSNL is fighting a big battle to run the services with the full support of the workers and is the main challenger to Reliance.