Shares of MTNL today soared over 8 percent following reports of a renewed discussion of its merger with BSNL.
After a hiatus of few years, the proposal to merge state-run telecom firms BSNL and MTNL is back on the discussion table with top officials at the telecom department once again 'brainstorming' on various options concerning the two loss-making entities.
According to a highly-placed source in the Department of Telecom, a top-level meeting recently discussed possibility of merging both the entities that are facing financial stress due to increasing competition in the sector.
For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory
After a hiatus of few years, the proposal to merge state-run telecom firms BSNL and MTNL is back on the discussion table with top officials at the telecom department once again 'brainstorming' on various options concerning the two loss-making entities.
According to a highly-placed source in the Department of Telecom, a top-level meeting recently discussed possibility of merging both the entities that are facing financial stress due to increasing competition in the sector.
For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory
No comments:
Post a Comment