As MTNL fails to turn profitable, govt may shift ops to BSNL, says report

The government is planning to bring down curtains on the telecom operator Mahanagar Telephone Nigam Ltd (MTNL), Mint reported. The plan is to shift MTNL’s staff and operations to Bharat Sanchar Nigam Ltd (BSNL), people aware of the development were quoted as saying in the report.

This is a departure from the earlier plan of the government to merge the two entities.

The decision has come in the wake of MTNL’s continuous losses resulting in rising debt. An official in the know said that the decision had been almost finalised. The official added that MTNL would be shut down, and BSNL would take over its operations.