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DoT panel studying Deloitte’s report on restructuring and revival of MTNL

July 10, 2017

The Department of Telecommunications (DoT) has set up a panel to study Deloitte’s report on restructuring and revival of state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL).

Earlier, considering the rising debt levels of MTNL, the DoT had selected Deloitte as a consultant to suggest measures for restructuring and revival of MTNL. In the report recently submitted to DoT, Deloitte has reportedly suggested various options including financial support for network expansion, partial or full merger between MTNL and Bharat Sanchar Nigam Limited, voluntary retirement scheme, and monetisation of surplus assets for improving the financial health of the debt-ridden operator.

The DoT has now set-up a panel that would study the report and take necessary decisions for improving the financial health of the operator.

 
 

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