A little over four years ago, Videsh Sanchar Nigam Limited (VSNL) made money every time someone placed a call into or out of India. After all, it was the sole provider of international traffic.
But when the government sold VSNL to the Tatas for Rs.2,539 crore in 2002, it also took away the monopoly. The Tatas had expected the monopoly to last for at least two more years till April 2004, but that never happened. In a stroke VSNL's years' older successful business model, which had almost entirely stringed on its monopoly status, was under threat. VSNL's revenues told the full story. Between 2002 and 2003, revenues dropped 38 per cent - from Rs. 7,809 crore to Rs. 4,813 crore.
Read the success story of VSNL in this article at.....
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VSNL - The Global Foot Print
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