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BSNL, MTNL revival plan: DoT plans new holding company for PSUs

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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