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BSNL TRANSFER MTNL
Framework issued for surplus asset transfer of 3 telecom PSUs to central entitiesA high-level committee has established a framework for transferring surplus land and buildings from telecom PSUs like BSNL, MTNL, and ITI t...- MTNL shares soar 18% on Rs 2,135 crore asset monetisationMTNL share price surged 18.4% after earnings of Rs 2,134.61 crore from asset monetization were disclosed. Since 2019, BSNL and MTNL togethe...
- BSNL, MTNL raise Rs 12,984 crore from asset monetisationSince 2019, BSNL and MTNL have earned a substantial Rs 12,984.86 crore from monetising non-essential land, buildings, towers, and fibre ass...
- BSNL FY24 Results: Losses narrow to Rs 5,371 croreState-owned Bharat Sanchar Nigam Ltd (BSNL) has reported on-year rise in its Earnings Before Interest, Tax, Depreciation and Amortisation o...
- There will be no default on MTNL bond dues: Telecom Minister ScindiaThe Indian government has assured there will be no default on MTNL's bond dues as its operations transfer to BSNL. Telecom Minister Jyotira...
- No recharge for MTNL, calls to be routed to BSNLGovernment plans to restructure debt and transfer MTNL's operations to BSNL due to financial struggles. Staff may opt for VRS or be transfe...
- Market Movers: What led to a 12% rally in MTNL?"Due to financial reasons, including MTNL's high debt, the merger of MTNL with BSNL is deferred," Minister of State for Communications Devu...
- Government appoints DoT's Mahmood Ahmed on MTNL board as directorThe Central government has appointed Mahmood Ahmed, Deputy Director General of the Licensing Finance Assessment (LFA), Department of Teleco...
- BSNL, MTNL won't be closed, efforts being made to revive them: Govt in Rajya SabhaTelecom Minister Ravi Shankar Prasad said as part of a revival plan for BSNL and MTNL, there will be optimal utilisation of land and other ...
- PMO clears BSNL- MTNL revival, merger off the tableGovt is looking to reduce financial stress by allocating next-gen of frequencies to commercially launch 4G.
- DoT floats draft proposal on 4G spectrum to BSNL, MTNLAll competitors of BSNL have 4G spectrum and invested heavily in building their network while the PSU has only 3G network.
- DoT releasing Rs 1,021 crore towards salary dues of MTNL, BSNL staffThe Rs 1,000 crore amount granted by the govt would help the two telecom PSUs to clear their Feb wage bills.
- DoT commission seeks revenue assurance from BSNL, MTNL for revival supportPublic sector firms BSNL and MTNL have sought financial support, 4G spectrum and approvals for asset sales as part of their revival plans.
- MTNL revival tough but not impossible: Telecom Minister Ravi Shankar PrasadRavi Shankar Prasad also cited the turnaround at another state-run telecom firm BSNL, which posted an operating profit after many years.
- VRS proposals to cost over Rs 17,445 cr to BSNL, MTNLThe proposals of telecom PSUs BSNL and MTNL to reduce their workforce by 1.21 lakh by offering voluntary retirement scheme to staff will co...
- Ministry pulled up for payments to ITS officers without cabinet's nodLast November, all senior executives of BSNL and MTNL belonging to the Indian Telecom Service (ITS) who wanted to return to the communicati...
- Govt rejects BSNL plea for Rs 1K-cr compensation for MNPThe government has turned down telecom PSU BSNL's plea for a compensation of Rs 1,000 crore to implement the Mobile Number Portability regi...
- Hands off BSNL’s fundsGovt should act to quash this Vavasi misadventure.
- BSNL, MTNL networks may delay number portability rollout: TRAITRAI has written to the DoT demanding that government get cracking and ask BSNL, MTNL to upgrade their networks within 6-8 months. Wacky ga...
- Holding co for BSNL, MTNL mootedICICI-Securities, which was asked by the department of telecommunications (DoT) to work out a strategy for synergy between Bharat Sanchar N...
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