Infographic: Will BSNL, MTNL merger bring losses to an end?
Government is going to merge its loss-making telcos BSNL and MTNL in a bid to save them. But reviving them won't be easy
- Oct 26, 2019,
- Updated Oct 26, 2019 12:50 PM IST
Government is attempting to save BSNL and MTNL by merging them. The move comes with an Rs 70,000 crore revival package including government funding, an "attractive" VRS scheme, sovereign bonds issue, and 4G expenses.
This BusinessToday.In 'Graphicle' looks at why this might fall short of the intended motive to revive two of the worst-performing government entities.
ALSO READ: Why merging MTNL and BSNL is futile
ALSO READ: MTNL share price rises 5% after govt announces merger with BSNL
ALSO READ: Modi govt gives nod to BSNL, MTNL merger; to raise sovereign bond worth Rs 15,000 crore for revival
ALSO READ: BSNL, MTNL merger: Govt announces voluntary retirement scheme for employees
Government is attempting to save BSNL and MTNL by merging them. The move comes with an Rs 70,000 crore revival package including government funding, an "attractive" VRS scheme, sovereign bonds issue, and 4G expenses.
This BusinessToday.In 'Graphicle' looks at why this might fall short of the intended motive to revive two of the worst-performing government entities.
ALSO READ: Why merging MTNL and BSNL is futile
ALSO READ: MTNL share price rises 5% after govt announces merger with BSNL
ALSO READ: Modi govt gives nod to BSNL, MTNL merger; to raise sovereign bond worth Rs 15,000 crore for revival
ALSO READ: BSNL, MTNL merger: Govt announces voluntary retirement scheme for employees