NEW DELHI: In a bid to revive BSNL and MTNL, Department of Telecom is working on modalities to merge the two state-run telecom companies and also undertake organisational restructuring.
"The merger of BSNL and MTNL is definitely on the table for the revival of these firms. We are working on it," a source in Department of Telecom (DoT) told .
Asked if there is a timeline for the merger, the source said there is no set timeframe but it might take 1-2 years. Minister of Communications and IT Ravi Shankar Prasad had also met the senior management of BSNL and MTNL recently to discuss the blueprint for reviving the loss-making PSU telecom companies.
The total debt of the two firms has increased to Rs 21,208 crore at the end of June 2014.
The public sector firms are also losing market share. The market share of BSNL has b ..
"The merger of BSNL and MTNL is definitely on the table for the revival of these firms. We are working on it," a source in Department of Telecom (DoT) told .
Asked if there is a timeline for the merger, the source said there is no set timeframe but it might take 1-2 years. Minister of Communications and IT Ravi Shankar Prasad had also met the senior management of BSNL and MTNL recently to discuss the blueprint for reviving the loss-making PSU telecom companies.
The total debt of the two firms has increased to Rs 21,208 crore at the end of June 2014.
The public sector firms are also losing market share. The market share of BSNL has b ..