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DoT to place BSNL-MTNL merger proposal before the Cabinet by June

BGR India Sunday, 19 March 2017 ()
The Department of Telecom is planning to place merger proposal of loss making public sector firms BSNL and MTNL before the Cabinet by June, as per a parliamentary panel report. “On the plan for merger of BSNL and MTNL, the same would taken to Cabinet before June,” the Standing Committee on Information Technology chaired by BJP MP Anurag Thakur said in its report. The previous telecom secretary JS Deepak has informed the panel that the Department of Telecom is working on a plan but “would not say that we have a plan of integrating these two companies in phases”. Deepak said that merger of PSU like Air India and Indian Airlines has not been a happy experience. ALSO READ: BSNL-MTNL merger
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