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Government defers plans for BSNL - MTNL merger

Government defers plans for BSNL - MTNL merger: The merger of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) has been postponed due to financial considerations, including MTNL's huge debt, said Devusinh Chauhan, minister of state for communication, at the Rajya Sabha on Wednesday. The merger of BSNL and MTNL, agreed by the Union cabinet in October 2019, was part of a revival package for both telecom companies, as part of which staff of both telcos would be offered the option of voluntary retirement. Em      Read More