MTNL to get BSNL support for assets
Financial Express Hyderabad|December 20, 2024
Services in Delhi & Mumbai to be managed by BSNL
JATIN GROVER

A SERVICE AGREEMENT between state-run MTNL and BSNL will enable the former to take debt from the latter for maintenance of its assets in the form of inter-corporate debt (ICD).

The agreement is part of the arrangement wherein MTNL's telecom services in Delhi and Mumbai circle will be run by BSNL, which does not provide services in these two circles.

MTNL's revenue and Ebitda (earnings before interest, taxes, depreciation, and amortisation) have been declining over several years and the telco has consequently defaulted in repayment of its debts and liabilities.

With the BSNL service agreement, the government wants to operate MTNL on an Ebitda-neutral basis.

この記事は Financial Express Hyderabad の December 20, 2024 版に掲載されています。

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この記事は Financial Express Hyderabad の December 20, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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