MTNL’s financial challenges include Rs 8,000 crore in bank loans from lenders such as SBI, Punjab National Bank, and others.
Indian telcos saw a 10.5% rise in gross revenue in Q3 2024, driven by tariff hikes. Government revenue from telecom increased ...
Telecom operators' gross revenue increased 10.5 per cent year-on-year to Rs 91,426 crore in September 2024 quarter -- the period when mobile service providers increased tariff, according to a Trai ...
Citing the example of Mahanagar Telephone Nigam Limited (MTNL), the union noted that similar VRS schemes had been implemented ...
The criticism follows reports that BSNL's board of directors plans to reduce its workforce by 35 per cent through another ...
These comments from the union come after reports emerged claiming that the board of directors of the telecom firm intend to slash its workforce by 35 per cent via another round of VRS.
Meanwhile, the Modi government recently paid Rs 132 crore to the Boston Consulting Group (BCG) for drafting a ‘revival ...
BSNL: The public sector telecom carrier is reportedly spending 38% of its revenue towards the payment of salaries of ...
Even with subscriber churn moderating, mobile number portability requests remained elevated at 13 million (though they were ...
The Department of Telecommunications (DoT) is preparing to seek approval from the finance ministry for a second voluntary retirement scheme (VRS) at Bharat Sanchar Nigam Limited (BSNL) as part of an ...
BSNL employs 29,750 executives and 26,435 non-executives. The first VRS, implemented in 2020, resulted in 80,000 employees opting for retirement—more than double the anticipated 30,000–35,000.
The company plans to cut this expense to Rs 5,000 crore per year, as part of efforts to streamline operations.