Tag: Mtnl

New Delhi: Telecom Minister Ravi Shankar Prasad on Wednesday blamed stiff competition, high employee cost and no 4G services for the poor financial state of BSNL and MTNL. Absence of 4G services and high employee costs are hitting at the competitive strength of the public sector companies – Bharat Sanchar Nigam Limited (BSNL) and Mahanagar […]

New Delhi: Battling severe liquidity crunch, BSNL plans to aggressively chase outstanding dues from its enterprise clients and is hoping to recover the bulk of over Rs 3,000 crore receivables in the next two-three months, its chairman said. The move comes at a time when Bharat Sanchar Nigam Ltd (BSNL) is facing mounting pressure on […]

New Delhi: The government on Wednesday decided to merge loss-making telecom firms MTNL and BSNL as part of a revival package that includes raising sovereign bonds, monetising assets and voluntary retirement scheme (VRS) for employees. Briefing reporters on decisions taken by the Cabinet headed by Prime Minister Narendra Modi, Telecom Minister Ravi Shankar Prasad said […]

New Delhi: Telecom Minister Ravi Shankar Prasad has directed the ailing telecom PSUs, BSNL and MTNL, to start a dialogue with their employees on the terms and conditions of the voluntary retirement scheme (VRS) and prepare a roadmap for its successful implementation, highly placed sources said. The Union Cabinet had last month approved a revival […]

New Delhi: Over 60,000 employees have applied for Voluntary Retirement Scheme (VRS) in BSNL and MTNL, telecom secretary Anshu Prakash said on Friday. Out of this, a little over 57,000 employees are from BSNL and around 3,000 from MTNL, Prakash said on the sidelines of a Department of Telecom (DoT) event. He said the VRS […]

New Delhi: At a time when the revival package for BSNL and MTNL has been announced, demoralised Indian Telecom Service (ITS) officers of the companies have sought the intervention of the government. The Indian Telecom Service Association (ITSA) has asked the Central government to issue directions to the Department of Telecommunications (DoT), BSNL and MTNL […]

New Delhi: The Central government has appointed Mahmood Ahmed, Deputy Director-General of the Licensing Finance Assessment (LFA), Department of Telecom as its nominee director on the board of MTNL, a PSU under the ministry. He has been appointed for a three-year period or till the period of superannuation, an official order said. As part of […]