mtnl
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.

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 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.

There are outstandings from our enterprise customers, which is more than Rs 3,000 crore. We are following up with them aggressively and on a day-to-day basis ... there is success coming to us, said BSNL Chairman and Managing Director P K Purwar.
Cash-strapped BSNL chasing dues of Rs 3,000 cr from biz clients
11 Aug 2019 7:39 PM

The move comes at a time when Bharat Sanchar Nigam Ltd (BSNL) is facing mounting pressure on its financials.

The number of employees of BSNL stands at 1,65,179 and total employees' cost is a staggering 75 pc of it's total income.
BSNL reviews outsourced functions to save cost; faces Rs 800 cr revenue-expense gap
06 Aug 2019 6:39 PM

BSNL as well as MTNL had delayed payment of salaries for February until mid-March due to a financial crisis.

MTNL said that the company is trying to pay at least one month's salary by the end of this week.
MTNL employees stage protest for non-payment of salary, pension
06 Aug 2019 9:58 AM

Around 8,000 employees of MTNL staged protest demanding the immediate release of the salary.


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