The Department of Telecom has told the Parliamentary Standing Committee
on Information Technology that the proposal to merge BSNL and MTNL makes
sense.
A team of DoT officials, including the Secretary, Mr R. Chandrashekhar,
who appeared before the panel on Wednesday, said the Board for
Reconstruction of Public Sector Enterprises' (BRPSE) recommendation that
MTNL could be brought under BSNL was accepted by a committee set up by
the DoT.
The DoT told the panel that the board's recommendation was examined by a
committee headed by Member (Services) of the Telecom Commission. The
committee, officials said, has submitted its report.
“The committee has recommended that while the merger of BSNL and MTNL
prima facie makes sense, merger with or takeover of Indian Telecom
Industries (ITI) by BSNL, reflects a poor business case for sustainable
viability of ITI with no significant tangible benefits to BSNL,” a
Standing Committee member said quoting the officials.
DoT sees merit in merger of BSNL and MTNL.-.thehindubusinessline.11 04 12.
No comments:
Post a Comment