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Govt considers handing over MTNL operations to BSNL; merger unlikely

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. A final call on this is likely to be taken in a month's time. The source said the option of handing over debt-laden MTNL's operations to Bharat Sanchar Nigam Ltd (BSNL) through an agreement is being looked into. The source said that given MTNL's high debt, a merger with BSNL was not a favourable option. Once the decision is taken, the proposal would be placed before the Committee of Secretaries, and thereafter taken to the Cabinet. 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". "The second semi annual interest with regard to 7.59 per cent MTNL's bond series...is due on July 20, 2024. As per the structured payment mechanism of Tripartite agreement (T

Govt considers handing over MTNL operations to BSNL; merger unlikely
Updated On : 13 Jul 2024 | 2:52 PM IST

BSNL aims to introduce 4G network in 45,180 villages across India

With its planned 4G services launch, public sector firm targets rural market spanning 7% of all villages

BSNL aims to introduce 4G network in 45,180 villages across India
Updated On : 29 Dec 2022 | 9:34 PM IST

Landlines in the time of 5G: Private sector getting serious about business

The latest data from the Telecom Regulatory Authority of India (Trai) showed Reliance Jio at 28.31% market share in wireline subscribers, ahead of BSNL at 27.46% and Bharti Airtel at 23.86%

Landlines in the time of 5G: Private sector getting serious about business
Updated On : 26 Oct 2022 | 7:16 PM IST

BSNL has worst call drop rate in 14 of 18 surveyed cities, shows Trai data

Vodafone Idea had the highest data download rates, across both 3G and 4G networks in the most number of cities

BSNL has worst call drop rate in 14 of 18 surveyed cities, shows Trai data
Updated On : 20 Oct 2022 | 12:51 AM IST

TCS-led consortium bags Rs 550-crore order to deploy 4G gears in BSNL

The TCS consortium will initially deploy 6,000 mobile towers for BSNL 4G services

TCS-led consortium bags Rs 550-crore order to deploy 4G gears in BSNL
Updated On : 09 Apr 2022 | 2:11 AM IST

Cabinet okays hiving off BSNL mobile towers into separate company

Modi has given its approval for hiving off mobile tower assets of BSNL into a separate company, fully-owned by BSNL: Official statement

Cabinet okays hiving off BSNL mobile towers into separate company
Updated On : 13 Sep 2017 | 1:07 AM IST