MTNL To Be Merged With BSNL - Viral Bake | Entertainment Blogs - Trending News
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The air of mergers has taken itself from the banking sector to the telecom sector. The central government on Wednesday decided to merge the state-owned loss-making firms BSNL and MTNL.

The merger is a part of the revival package that the government has planned for the two firms. Briefing media about cabinet’s decision Telecom Minister Ravi Shankar Prasad said the government will put in ₹29,937 crore for there revival. Post-merger MTNL would act as a subsidiary of BSNL.


Read more at The Hindu



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