State-run telcos BSNL and MTNL are eagerly waiting for the revival package from the government to arrive so that they can compete with the competition in a better way. According to a new report from IANS, the revival plan for both BSNL and MTNL will cost around Rs 74,000 crore, of which Rs 22,000 would be used for acquiring 4G spectrum and for the voluntary retirement scheme (VRS). Another report... Read More
Loss-making telecom PSUs Bharat Sanchar Nigam Limited and MTNL have failed to clear salaries of their 1.98 lakh employees for July, a union leader said on Thursday. There is no assurance from the management on when the salaries would be paid which are usually credited on the last day of every month, All India Unions and Associations of Bharat Sanchar Nigam Limited (AUAB) Convenor P Abhimanyu told PTI. "Salary for... Read More
State-run telcos BSNL and MTNL are reeling under losses right now and there have been merger talks going on for a while now. However, government officials denied the merger of BSNL and MTNL in the past even though reports suggested that merger talks are going on internally. According to a new report, the government is planning to merge both the telcos under the upcoming revival package. For the unaware, the... Read More
Caught amidst distressing financial troubles, the state-led telecom operator, Bharat Sanchar Nigam Limited (BSNL) has been searching for a way to revive itself. The government has also been ideating on the revival plans of BSNL and MTNL and has already eliminated a few options which won’t be appropriate for the telecom operator. However, on Tuesday the group of ministers (GoM) headed by the Home Minister Amit Shah discussed whether the... Read More
The government on Wednesday clarified there is no proposal to close state-run BSNL and MTNL, which are facing financial stress due to stiff competition and high employee costs, and added that a comprehensive plan for their revival is under preparation. "No proposal of the closure of Mahanagar Telephone Nigam Limited (MTNL) is under consideration," Telecom Minister Ravi Shankar Prasad informed the Lok Sabha. In a separate reply, he said there... Read More
The Digital Communications Commission (DCC), the apex decision making body at the telecom department, is expected to discuss 5G trials and relief for BSNL and MTNL during its meeting on June 13, according to sources close to PTI. India expects to roll out commercial 5G services at par with leading markets of the world by 2020. "DoT committee on 5G is ready to agree on the allotment of spectrum for... Read More
The Voluntary Retirement Scheme (VRS) being proposed by the telecom department could save Rs 1,080 crore in annual wage expenses for Mahanagar Telephone Nigam Ltd (MTNL), and the telco expects about 9,500 employees to opt for the scheme as and when it comes up, according to its chairman. The Department of Telecom (DoT) has prepared a rescue plan for the distressed PSUs, MTNL and Bharat Sanchar Nigam Ltd (BSNL), in... Read More
State-run telcos, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) have been under pressure for not generating enough profits. But there's a reason behind that; Both the telcos did not receive 4G spectrum from the government to launch 4G services in the country. Talks regarding the allocation of 4G spectrum to both BSNL and MTNL are going in full swing for a while now. A new report... Read More
It is no secret that after the data tariff war triggered by Reliance Jio, the telecom operators have experienced immense financial troubles. The ones especially bogged down by this data tariff war are the government led telecom operators, Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL). Although we have seen BSNL introducing new plans, making plenty of revisions and rolling out some consumer-centric power moves, there has... Read More
Crisis-ridden MTNL, whose revival package is in the works, has exuded confidence that it would not face any challenge in payment of April salaries to its 22,000 employees, as it plans to tap internal accruals and available cash. The comment assumes significance as distressed telecom PSUs Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) are saddled with massive debt and have faced problems in clearing staff salaries... Read More
The Telecom Regulatory Authority of India (Trai) has shed off any responsibility related to allocation of the fourth generation, or 4G airwaves to the government led telecom operator Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL), ET Telecom reported. The regulator has said to the department of telecommunications (DoT) that administrative allocation of spectrum to public companies is a “policy” decision. Troubles Increase for BSNL and MTNL... Read More
The proceeds of monetisation of assets of the state-run telecom majors BSNL and MTNL will be used to service the debt of these public sector undertakings, (PSUs) and fund the voluntary retirement scheme (VRS), as per a decision of the government. This was decided at last week's meeting of the Prime Minister's Office (PMO) and the Department of Telecom (DoT) chaired by the PMO Principal Secretary Nripendra Mishra on the... Read More
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