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Tuesday, September 2, 2014

03-09-2014: BSNL and MTNL to be merged by July 2015 ..

KOLKATA: The telecom department (DoT) has for the first time set a cutoff date—July 31, 2015—for concluding the much discussed merger of struggling state-run telecom companies, Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd.

In a presentation to Prime Minister Narendra Modi, seen by ET, DoT said it expects to "secure Cabinet approval for the proposed BSNL-MTNL merger by June 30 next year".
Towards this, it plans to wrap up merger consultations with the unions of  ..