Telecom News : The central government on Wednesday stated that the proposed merger of MTNL operations with BSNL is deferred due to “financial reasons including high debt of MTNL.”
In a written reply to a question on Lok Sabha, Minister of State for Communications Shri Devusinh Chauhan informed that the government had approved the revival plan of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) on October 23, 2019, which inter-alia includes in-principle approval for merger of MTNL and BSNL. However, the proposal is currently under examination and stands deferred.