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.