Union Cabinet approves BSNL and MTNL to be merged, 15000 crore to be given in revival plan

Union Cabinet approves BSNL and MTNL to be merged, 15000 crore to be given in revival plan
Union Cabinet approves BSNL and MTNL to be merged, 15000 crore to be given in revival plan

Union Cabinet approves BSNL and MTNL to be merged, 15000 crore to be given in revival plan

The Union Cabinet approved the proposal for revival of BSNL and MTNL by administrative allotment of spectrum for 4G services, debt restructuring by raising of bonds with sovereign guarantee, reducing employee costs, monetisation of assets and in-principle approval of merger of BSNL & MTNL.

BSNL and MTNL will also raise long-term bonds of Rs 15,000 Cr for which sovereign guarantee will be provided by the Government of India (GoI).


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Administrative allotment of spectrum for 4G services to BSNL and MTNL so as to enable these PSUs to provide broadband and other data services.

By using this spectrum allotment, BSNL and MTNL will be able to deliver 4G services, compete in the market and provide high speed data using their vast network including in rural areas.

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