The government-owned telco had partnered with mobile payment firm AdPay to launch India’s first virtual telco AeroVoyce, and had then, been expecting an annual revenue of Rs 500 crore from the MVNO business. Today, the industry association alleges that BSNL has not lived up to the promises made for the MVNO business.
R.K. Upadhyaya, Director General of VNOAI said, "Currently large telecom network capacities are underutilised due to low customer base. The relationship proposed by VNOAI to BSNL will help recover the spectrum cost invested by government of India in the bailout package and provide enhanced revenue growth figures for next 6 years across market segments at no additional cost to BSNL."