Wednesday, October 23, 2019
India to spend $6 billion to revive telecom operators BSNL and MTNL – TechCrunch
India said on Wednesday it plans to spend nearly $6 billion to revive loss-making state-funded telecom operators Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL). In a press conference, telecom minister Ravi Shankar Prasad said today the Narendra Modi government has given its in-principle approval to the merger of BSNL and MTNL and infuse billions of dollars in capital
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