Former Congress chief Rahul Gandhi here on Wednesday took a swipe over the proposed merger of loss-making BSNL and MTNL saying it was a government ploy to first merge and then sell it cheaply to the crony capitalist.
The Cabinet, headed by Prime Minister Narendra Modi, also announced revival plan for the both the telcos.The government announced four steps to revive BSNL and MTNL. Telecom Minister Ravi Shankar Prasad said that government wants to make these companies more competitive.
The matter assumes significance as the company is reeling under a massive cash shortage and has been unable to pay staff wages for July and August. MTNL, last week, admitted that salary payment for two months is pending and that sincere effort is being made to release at least a portion of the dues at the earliest.
BSNL and MTNL are public sector companies (PSUs) that are making huge losses to the tune of thousands of crores of rupees. A source within Department of Telecommunication told IANS that merger is one of many components of a revival plan that is being chalked out for the two corporations.
Reliance Jio is the biggest mobile tower client for state-owned firms BSNL and MTNL, Telecom Minister Ravi Shankar Prasad informed Parliament on Wednesday.
The fire at MTNL Building in Mumbai broke out at around 3:15 pm on July 22. A video from the rescue operation captured attention where a lady can be seen smiling, shooting video and taking selfies during her rescue.
MTNL building fire Latest News: A fire broke out at Mahanagar Telephone Nigam Limited (MTNL) building in Mumbai's Bandra on Monday.
Over 1,000 mobile towers and 500 telephone exchanges of cash-strapped Bharat Sanchar Nigam Ltd (BSNL) are not functional due to non-payment of electricity bills, Parliament was informed on Wednesday.
Puwar told IANS in an exclusive interaction: "I will be taking charge on Monday. Unless and until I take the charge and really understand the issues with all the facts, I would not like to comment on
"No proposal of the closure of MTNL and BSNL is under consideration," Telecom Minister Ravi Shankar Prasad informed the Lok Sabha.
Both state-run telecom firms BSNL and MTNL have been reporting losses since the time they were asked to pay auction determined spectrum price in 2010 for all the circles where they operate.
In a faux pas, state-owned MTNL's twitter handle on Thursday retweeted a post from a parody account in the name of richest Indian Mukesh Ambani's wife, and delete it after it faced online flak.
The comment assumes significance as distressed telecom PSUs Mahanagar Telephone Nigam Ltd (MTNL) and Bharat Sanchar Nigam Ltd (BSNL) are saddled with massive debt and have faced problems in clearing staff salaries in the recent past.
The troubled PSUs have been seeking these three measures to stay afloat amid cut throat competition in the telecom sector.
Joining the tariff war with its latest offer, the state-run telecom service provider Mahanagar Telephone Nigam (MTNL) has decided to offer 2GB of 3G data per day and unlimited calling within its network for Rs
New Delhi: Chairman and Managing Director Narendra Kumar Yadav, MTNL, has put down papers. MNL reported in its BSE filing that for the time being Director (Finance) P K Purwar has been given the charge
New Delhi: Even as state-run BSNL and MTNL look at monetizing their realty assets, Telecom Minister Ravi Shankar Prasad today said the precondition of using the land for telecom infrastructure at time of allotment may
New Delhi: Government on Wednesday blamed the previous UPA regime for the "decline" in financial condition of BSNL and MTNL, saying the two state-run telecom companies were together suffering losses to the tune of Rs
New Delhi: Telecom users in the country crossed 104-crore mark with mobile service provider adding over 70 lakh new customers in January 2016, says a TRAI report. ”The number of telephone subscribers in India increased
New Delhi : The decision on merging state-run BSNL and MTNL will be taken in the next four-five months, Telecom Secretary Rakesh Garg said on Friday."BSNL, MTNL merger decision will be taken in four-five months
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