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Exclusive | MTNL debt rejig in the works; BSNL turnaround already visible: Telecom Min Scindia
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Union Minister of Communications Jyotiraditya Scindia, in an exclusive interview with CNBC-TV18 on Wednesday, clarified that all operations of the debt-laden PSU MTNL were transferred to BSNL effective January 1, 2025.
“There’s no question of a path to revival, because as of January 1, 2025, all operations of MTNL have been transferred to BSNL. So BSNL is now the operator for MTNL’s customers,” Scindia said.
He clarified that what remains within MTNL is its bank debt and government equity. “The bank debt needs to be renegotiated with the…
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