Govt to merge MTNL, BSNL #NewsToday LIVE at bit.ly/IT_LiveTV | India Today
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Govt to merge MTNL, BSNL #NewsToday LIVE at bit.ly/IT_Live…
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5K views · 96 reactions | #NewsAlert - Cabinet has decided to merge BSNL & MTNL, will raise a sovereign bond of ₹15,000 for the revival of BSNL & MTNL. Assets of both worth ₹38,000 will be monetized. VRS package for the employees. Govt will provide 4G spectrum on an administrative allocation basis. | News18 | Facebook
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"The government is neither shutting nor divesting stake in MTNL and BSNL," Union Minister Ravi Shankar Prasad said in a press briefing on Wednesday, after the meeting of the Cabinet. The move comes at a time public sector companies MTNL and BSNL are facing financial stress amid intense competition in the telecom sector. Read more here: https://www.ndtv.com/business/mtnl-bsnl-merger-news-government-neither-shutting-nor-trimming-stake-in-mtnl-bsnl-2121486 | NDTV
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