Indian government considers transferring MTNL operations to BSNL via agreement, not merger, due to MTNL's debt.
The Indian government is considering handing over MTNL's operations to BSNL through an agreement instead of a merger, as MTNL's high debt makes it an unfavorable option. This proposal could help BSNL offer pan-India operations as it works on its revival plan. The decision is expected to be taken in a month and will be presented to the Committee of Secretaries and later to the Cabinet for approval.
July 13, 2024
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