BSNL employee unions call for nationwide hunger strike today, to protest over delay in execution of Rs 69,000 cr relief package
In October 2019, the central government approved for BSNL and MTNL a Rs 68,751-crore revival package, which included allocation of 4G spectrum to the state-run firms, voluntary retirement scheme for employees, as well as their merger
Over 92,000 employees of state-run BSNL and MTNL have so far opted for the recently announced VRS scheme, according to a government source
Over 77,000 employees of state-owned BSNL have opted for the recently launched VRS so far, according to an official
As many as 75,000 employees of Bharat Sanchar Nigam Ltd (BSNL) have already opted for the VRS scheme which rolled out recently, Chairman and Managing Director of the state-owned telecom corporation PK Purwar said on Thursday
With 57,000 BSNL employees opting for VRS, DoT instructs corporation to ensure business continuity measures
If the VRS reaches full target, the staff strength will come down by half. The effective date of voluntary retirement under the present scheme is 31 January, 2020.
MTNL rolls out VRS for employees, scheme to remain open till 3 December; move to bring down staff cost to 25%
The company has segregated the scheme for three sets of employees—combined service optees, pro-rata optees and MTNL recruited employees.
BSNL seeks immediate cash infusion from government as it finds it 'nearly impossible' to continue operations
BSNL said that it has become impossible to manage Rs 850 crore salary liability for June as outstanding liabilities of nearly Rs 13,000 crore have made it's business unsustainable
The BSNL Employees Union on Thursday opposed the government's proposal to implement a voluntary retirement scheme, alleging that it is a strategy to reduce the PSU's workforce before handing it over to a private player
A comprehensive proposal for revival of BSNL has been prepared, which will be taken up for consideration by competent authorities very soon, the ministry of communications said in a statement.
The amount to be paid by Vodafone Idea is estimated to be around Rs 10,000 core this year.
Anil Ambani said there has been a "creative destruction" of the telecom sector that has resulted in the creation of oligopoly which is going towards a duopoly and may be even a monopoly in the future
The Idea Vodafone merger is expected to give breather to both debt-ridden firms Idea and Vodafone, from cut-throat competition in the market where margins have hit rock bottom with free voice calls.
Govt approves Idea-Vodafone merger, companies need to complete some formalities: Telecom minister Manoj Sinha
The combined operations of Idea and Vodafone will create the country's largest telecom operator worth over Rs 1.5 lakh crore, with a 35 percent market share
Tikona was able to complete the rollout obligations with a delay of about three months.
Reliance Jio's latest offering is expected to compel incumbent operators to respond with aggressive counter-offers to retain their customers, turning-up the competitive heat in the sector, say analysts.
Though the latest round of spectrum auction by the Indian government did not attract the fancy of the operators much, it will benefit customers by providing better service, feel industry experts.
Telecom Ministry is learnt to have cleared the Rs.3,500-crore 4G spectrum trading deal between service providers Bharti Airtel and Aircel.
Telecom major Bharti Airtel said that it has acquired 74% stake in Augere Wireless, which holds 4G spectrum in Madhya Pradesh, but did not disclose financial details of the deal.
There could be many a slip between the cup and the lip in the proposed merger of Sistema with RCom. Even if it happens, one of the players will probably be looking for an exit.