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The Cabinet has approved administrative allotment of spectrum to BSNL and MTNL for providing 4G services.
MTNL, BSNL strategic assets; 92,000 employees opt for VRS: Minister
04 Dec 2019 1:18 PM

The merger would resultantly help the two companies to "provide better quality services to customers on a pan-India basis.

Around 78,300 employees of BSNL and 14,378 of MTNL have opted for the scheme.
92,700 BSNL, MTNL employees opt for voluntary retirement
03 Dec 2019 8:17 PM

The PSUs had set December 3 as last date for employees to opt for VRS.

Communications minister Ravi Shankar Prasad said a total of 79,000 employees of BSNL and 14,000 out of 20,000 employees of MTNL have applied for the VRS scheme which the government has come out with to reduce the employee cost in these PSUs which is currently very high as compared to the industry. (Photo: File | PTI)
Govt trying to revive BSNL, MTNL, make them profressional
28 Nov 2019 2:51 PM

We want to revive them and make them professional, said Communications minister Ravi Shankar Prasad.

The total debt on both the companies stood at Rs 40,000 crore, of which half of the liability is on MTNL alone.
MTNL rings in strong VRS response; over 13,500 staff opted for scheme so far
20 Nov 2019 3:09 PM

The government has approved a plum Rs 69,000-crore revival package for BSNL and MTNL.

The 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3.
Over 77,000 employees have opted for BSNL VRS: official
19 Nov 2019 1:07 PM

BSNL is looking at savings of about Rs 7,000 crore in wage bill, if 70,000-80,000 personnel opt for the scheme.

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.
Nearly 70,000 BSNL employees opted for VRS so far: Chairman
11 Nov 2019 3:57 PM

n all, nearly one lakh BSNL employees are eligible for the VRS out of its total strength of about 1.50 lakh.

Prakash said that the response was 'unprecedented', and that government's overall target stood at 94,000.
Over 60,000 BSNL, MTNL employees have opted for VRS so far: Telecom Secretary
09 Nov 2019 12:26 PM

The numbers of VRS optees have been steadily rising since the plan was announced earlier this week.

The government last month had approved a plum Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that the combined entity turns profitable in two years.
BSNL rolls out VRS scheme; expects 70,000-80,000 employees to avail it
06 Nov 2019 4:44 PM

In all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh.

The Supreme Court made it clear that there would no further litigation on the issue and it would fix a time frame for calculation and payment of dues by the telecom companies.
SC allows Centre's plea to recover adjusted gross revenue of Rs 92k cr from telecos
24 Oct 2019 2:23 PM

A three-judge bench, headed by Justice Arun Mishra, upheld the definition of adjusted gross revenue formulated by the Department of Telecom.

MTNL has reported losses in nine of the past 10 years and BSNL too has been ringing in loss since 2010.
MTNL shares surge 5 pc; hit upper circuit on revival plan announcement
24 Oct 2019 11:21 AM

MTNL's scrip jumped 4.92 per cent to Rs 6.19 -- its upper circuit limit on the BSE.


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