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Rs 11,000 crore Loan to BSNL by DOT

The telecom department is considering offering a soft loan of as much as Rs 11,000 crore to a potential combination of loss-making state-run telecom operators Bharat Sanchar Nigam (BSNL)
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and Mahanagar Telephone Nigam (MTNL) to address BSNL's concerns about taking on MTNL's mammoth debt on its books. more

The telecom department is considering offering a soft loan of as much as Rs 11,000 crore to a potential combination of loss-making state-run telecom operators Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to address BSNL's concerns about taking on MTNL's mammoth debt on its books.


Read more at:
http://economictimes.indiatimes.com/articleshow/45142668.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
The telecom department is considering offering a soft loan of as much as Rs 11,000 crore to a potential combination of loss-making state-run telecom operators Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) to address BSNL's concerns about taking on MTNL's mammoth debt on its books.


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