Due to the tariff war unleashed by Reliance Jio, the smaller telecom companies are struggling for their survival. Bigger companies like Vodafone and Idea are merging together, whereas, smaller companies are left with no other option, but to close down their business. Aircel, which is having a debt of Rs.15,500 crore loan has applied for bankruptcy, to the National Company Law Tribunal, under the Insolvency & Bankruptcy Code, 2016. As a result of this, Aircel's 5,000 employees are going to be thrown out of job. This is a tragedy. At the same time, this is a slap on the face of those who keep arguing that private companies are very efficient in their management and the government companies are inefficient. Even under the present adverse condition, BSNL's performance is far better than most of the private telecom companies.