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The debt-laden telecom firm, long in decline, gets a lifeline from the government yet again. But with rising losses, stagnant ...
Reports say that the government is once again contemplating merging the two public sector giants MTNL and BSNL. It’s now a ... announce the possibility of a merger between the two companies.
The Union Cabinet has approved a ₹6,000 crore financial package aimed at boosting the 4G network expansion of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL). This ...
The Union Cabinet last Friday approved an additional package of ₹6,000 crore to accelerate the 4G network expansion of BSNL ...
NEW DELHI: The merger of BSNL and MTNL is "desirable" for operational synergy and even the fiercely- competitive telecom market necessitates such a combination for a stronger pan-India play ...
MTNL will be merged with BSNL. It will take time and in the mean time, MTNL will act as a subsidiary of BSNL. BSNL will raise ₹15,000 crore via sovereign-backed bonds as part of the revival plan.
The government has been considering the option of handing over operations of MTNL to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development told news ...
The telecom department, through an interim order, has extended additional charge of BSNL and MTNL chairman and managing director given to Robert Jerard Ravi for three months, subject to the ...
Ravi, currently Deputy Director General (SRI), will assume the additional charge of CMD for BSNL, MTNL, and BBNL from ... balance sheet de-stressing, and the merger of BBNL with BSNL.
While BSNL is reporting losses since 2010, another telecom PSU MTNL has been in the red in nine of the past 10 years. The total debt on the two firms is around Rs 40,000 crore. In 2005-06 ...
The Cabinet on October 23 had approved the revival plan for Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) which includes in-principle approval for merger of both ...