Union telecom minister Ravi Shankar Prasad announced Cabinet’s decision that as part of the revival package, MTNL will be merged with BSNL. Pending this, MTNL will act as a subsidiary of BSNL. He also shared a four step revival plan for the two companies. Government wants to make the two state-owned telecom companies more competitive by putting in Rs 29,937 crore, he further added. Watch!
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