Centre Considers Just Handing Over MTNL Operations To BSNL, Avoid Merger

Saturday, 13 July 2024Newsdesk
Centre Considers Just Handing Over MTNL Operations To BSNL, Avoid Merger
Amid mounting financial woes, MTNL this week informed in a statutory filing that it is unable to make interest payment to certain bondholders "due to insufficient funds".

New Delhi 13 July 2024

As per news report of NDTV,The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said.

Source - NDTV

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