Photo: India Today

Central Govt Likely To Shut Down MTNL Amid Losses

The Central government is planning to shut down the telecom operator Mahanagar Telephone Nigam Ltd (MTNL). According to the report, a inside source stated that the intention is to transfer MTNL's workforce and operations to Bharat Sanchar Nigam Ltd (BSNL). This is a drastic shift from the previous plan of the government to merge the two entities.The recent decision was due to debt and persistent losses faced by MTNL.

Tue, 06 Jun 2023 - 01:50 PM / by Varsha Joshi

Tags: MTNL, Central Government, bsnl, Merger, Business News