In October 2019, the central government approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
In October, the Union government approved a Rs 69,000 crore revival package for BSNL and MTNL
ONGC, Indian Oil Corporation and NTPC were the top three profitable PSUs in 2018-19
The government is planning to hold next round of spectrum auction in April-May this year. The auction will also include radiowaves for 5G services
Telecom Minister Ravi Shankar Prasad said as part of a revival plan for BSNL and MTNL, there will be optimal utilisation of land and other assets of these companies.
This is because the Union Budget does not have provision for any expenditure towards the programme in the current fiscal year
The capital infusion for 4G spectrum will help the debt-ridden PSUs to compete with private sector players who have rolled out pan-India 4G services
On October 25, the Centre approved a Rs 69,000 crore revival package for BSNL and MTNL
The company has received interest from 14,387 employees for the voluntary retirement scheme which Kumar expects will result in annual savings of Rs 1,700 crore for MTNL
The GoM includes Defence Minister Rajnath Singh, IT and Telecom Minister Ravi Shankar Prasad, among others
The government recently approved a Rs 69,000-crore revival package for BSNL and MTNL that includes merging the two loss-making firms
The first deal will clear the path for many more. It will also be the toughest to execute
Top officials of both state-run firms have said that the numbers have exceeded the target set for the voluntary retirement scheme (VRS), which closed on Tuesday
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Communications minister Ravi Shankar Prasad said a total of 79,000 employees of BSNL and 14,000 out of 20,000 employees of MTNL have applied for the VRS scheme
MTNL does not have any liability pending on account of AGR revenues unpaid to DoT: CMD
he 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3
The Union Cabinet had, last month, approved a plan to combine MTNL - which provides services in Mumbai and New Delhi - with BSNL that services the rest of the nation.
While in the case of MTNL, 13,532 employees have opted for the VRS scheme so far