Tag: mtnl bsnl merger

Union Cabinet Approves BSNL-MTNL Merger and Revival Plan

“BSNL and MTNL are strategic assets of India. Neither they will be closed nor being disinvested. We want to make them competitive and bring professionalism.” – Telecom MinisterThe Union Cabinet has approved the merger of two state-owned telecom companies BSNL and MTNL, where MTNL will act as a subsidiary of BSNL. The cabinet also laid…