The merger between state-run telcos BSNL and MTNL is delayed owing to financial reasons. Ravi Shankar Prasad, the minister of Electronics and Information Technology, said the decision has been taken considering several factors. As we already know, the financial situation of both BSNL and MTNL is not in a great position. MTNL, on the other hand, is riddled with high debt at the moment. The minister also said that the... Read More
Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) might not merge anytime soon. In a recent meeting, a six-member Group of Ministers (GoM) had met and concluded that the merger of BSNL and MTNL isn’t the right way to go. It wouldn’t be beneficial for any party. As per a Business Standard report, a final call on the matter is yet to be taken by the Union... Read More
After going a lot of back and forth on the decision, now the state-owned telco Bharat Sanchar Nigam Limited (BSNL) is of the thought that a merger with MTNL will be a beneficial step for both the entities. However, if both the companies plan to come together and merge, there are a lot of hurdles on the way. Some hindrances which pose a real tough situation for the merger happen... Read More
State-run telco BSNL is planning to maintain and operate the network of MTNL on a revenue sharing basis and a final decision is awaited in the next 2-3 months reports The Indian Express. "We have received a proposal from MTNL CMD to operate and maintain their network. It will be done on a revenue sharing basis and a decision in this regard can be taken in 2-3 months," media reports... Read More
State-run telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) could become subsidiaries of a new holding company, which is now being considered by the department of telecommunications (DoT), Business Standard reported. The report said that the move, recommended by IIM-Bangalore in a report on measures for reviving the firms, is expected to revive both the ailing telcos by synergising their operations. "The first option of... Read More
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