BSNL and MTNL to get merged for revival
The government has decided to merge state-owned telecom companies Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL). Analysts think that the step has come too late and might not meaningfully revive both companies. They, however, believe that the proposed measure will create some competition for private players and contain operational costs.
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