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DoT working on modalities of BSNL-MTNL merger

In a bid to revive BSNL and MTNL, Department of Telecom is working on modalities to merge the two state-run telecom companies and also undertake organisational restructuring.

MTNL chalks out roadmap to become profitable by 2017-18

The company has been registering losses since 2008-09. In 2012-13, the company recorded a net loss of Rs 5,321.12 crore. The annual revenue of the company stood at Rs Rs 3,428.6 crore in the same fiscal.

BSNL, MTNL hit by competition, rising costs: Govt

"The loss of BSNL during 2011-12 stood at Rs 8,851 crore and MTNL at Rs 4,109 crore," Minister of State for Communications and Information Technology Milind Deora said in a written reply to Lok Sabha.

MTNL's loss widens

The total income from operations, however, rose by about four percent to Rs 843.06 crore in the reported quarter from Rs 807.76 crore in the January-March quarter of 2011.