Support Telecomtalk
Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
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 to be MTNL’s huge debt and the difference of pay scales between both the telcos, as the official’s remark. Although BSNL has formally thought about the step and a consultant has been appointed, there is no substantial planning which has been done on the telco’s behalf to prove that a merger is on its way for BSNL and MTNL.
- Make Telecom Talk My Trusted Source
-
-
Image Source: BSNL India (Twitter)
BSNL has stricken a deal with Softbank, as a part of which the telco will co-work with the company on “interest areas” and is also in talks with Paytm, a company in which Softbank is invested in, for a tie-up.
As per PTI’s report, Anupam Shrivastava, Chairman and Managing Director said “Merger between the two (MTNL and BSNL) is going to be good for both the companies. Lets take the argument that it is going to be good, but there are various issues that need to be sorted out.”
It was Shrivastava’s take that some impediments which are factoring in as both the telcos discuss the merger are MTNL’s big debt of Rs 16,000 crore and the differences between the pay scale of employees of both companies. Also, MTNL being a widely owned listed entity is bound to pose some obstruction in the merger too.
