New Delhi: The Cabinet Committee on Economic Affairs on Wednesday gave an in-principle nod to a proposed merger of Mahanagar Telephone Nigam Limited (MTNL) with Bharat Sanchar Nigam Limited (BSNL) in a bid to revive debt-ridden state-run telecom operators.
“The government is neither closing nor divesting stake in MTNL and BSNL,” Union Minister Ravi Shankar Prasad said in a press briefing on Wednesday.