INSUBCONTINENT EXCLUSIVE:
BSNL has 1.65 lakh employees and their costs make up 75 per cent of the company's total income.The pressure of huge losses and competition
has forced consolidation in the PSU telecom space as Department of Telecom is currently working on a proposal for merger of its two ailing
PSUs - BSNL and MTNL - to revive the state-owned telecom firms.The BSNL-MTNL merger is "one of the many components" of the overall revival
plan being worked out for the two corporations, a source said on Tuesday, adding that a final call on the matter will be taken by the Union
components like voluntary retirement scheme, asset monetisation, and allocation of 4G spectrum.BSNL's estimated losses are Rs 14,000 crore
in 2018-19 on the back of revenue that fell to Rs 19,308 crore in the same fiscal year
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