BSNL, MTNL nonpayment may force domestic companies to cut workforce

NEW DELHI: The survival of homegrown telecom gear makers and suppliers has once again come under the cloud with a few firms mulling layoffs following the nonpayment of outstanding by the Centre’s public-sector companies such as Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in the wake of national shutdown due to Coronavirus outbreak.

“The continued delay in clearing our dues by government-owned companies has led us to a critical situation that too at a time when there is a complete lockdown, forcing us to look at ways to cut costs including headcount reduction,” a senior executive of a Delhi-based company on anonymity said.