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General

BSNL, MTNL restart merger talks - report

Monday 13 March 2017 | 13:11 CET | News
BSNL and MTNL have restarted their merger talks, with top officials at the telecom department once again 'brainstorming' on various options before the two loss-making state-owned entities, The Economic Times reports, citing an unnamed source in the Department of Telecom. According to this source, a top-level meeting recently discussed possibility of merging BSNL and MTNL, which are currently facing financial issues caused by increasing competition in the sector.

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Categories: General
Companies: BSNL / MTNL
Countries: India
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