BSNL, MTNL revival not easy unless pricing improves: Kotak Securities

NEW DELHI: Kotak Securities Wednesday said that the ambitious revival of the two public sector telcos— Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) would not be as easy as conceived unless industry pricing sees improvement.

“The revival of the two public sector units is not going to be easy unless pricing improves and industry revenues expand substantially,” it said in a statement.