State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, DoT said on Monday. The Department of Telecom (DoT) also said that the process for spectrum allocation for 4G services to Bharat Sanchar Nigam Ltd (BSNL) on pan-India basis, including Delhi and Mumbai, has been initiated and funds have been provisioned in FY2020-21. Summing up the developments in the sector in its year-end review for 2020, the DoT in a release said that overall 92,956 employees of both the public sector companies (PSUs) who opted for Voluntary Retirement Scheme (VRS) have retired on January 31, 2020.
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In the latest step towards a full merger between India’s state-owned operators, BSNL (Bharat Sanchar Nigam Limited) has assumed control over the Delhi and Mumbai mobile networks of its sister firm MTNL (Mahanagar Telephone Nigam Limited).
Both firms have been on the decline for some time, and the merger plan is one phase of the government’s longer-term strategy for their revival. MTNL has traditionally operated the state networks in the metropolises of Delhi and Mumbai, with BSNL providing services across the rest of the country.
MTNL plans to buy 51% stake in TelOne itp.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itp.net Daily Mail and Mail on Sunday newspapers.
Telecom products: Govt to come out with ‘trusted, ‘non-trusted’ sources
The move could potentially make it more difficult for Chinese telecom equipment vendors like Huawei and ZTE to supply equipment to Indian telecom players. December 17, 2020 3:02:50 am
As a part of the new national security directive, a list of sources from whom no product can be procured will also be provided to the telecom service providers.
The Cabinet Committee on Security on Wednesday approved the setting up of a new National Security Directive on telecommunication sector with an intent to classify telecom products and their sources under the ‘trusted’ and ‘non-trusted’ categories.