The telecom department (DoT) is considering either de-listing Mahanagar Telephone Nigam (MTNL) and then merging it into Bharat Sanchar Nigam (BSNL), or listing the latter and finalising a merger swap ratio based on the valuation of the two state-run telecom companies, with the first being the more likely option, top government officials told ET.
Indications are that consultant KPMG may be involved in preparing the merger roadmap and also doing an independent thirdparty assessment of "e ..