Final decision on merger of BSNL and MTNL will be taken after getting report of IIM, Bangalore – says Secretary, DoT.

Shri Rakesh Garg, Secretary, DoT has stated that the government has directed the Indian Institute of Management (IIM), Bangalore to prepare a feasibility report on the merger of BSNL and MTNL. The Secretary, DoT, has stated that the report of the IIM, Bangalore, is likely to be submitted shortly. He has further stated that it would take 4 to 5 months for the government to take a final decision on the issue, after receiving the IIM report. It may be recollected that the Forum has opposed the merger of BSNL and MTNL, without settling the disinvestment and financial liability issues of MTNL.

(Source: PTI)