Govt towards merging ailing Voda Idea with BSNL-MTNL

The authorities is towards the merger of beleaguered Vodafone Idea with state-owned BSNL and MTNL, a number of sources have advised TOI. The stand comes weeks after industrialist Kumar Mangalam Birla had stated that he’s “willing to hand over” his 27% stake within the crippled telco to “any entity — public sector/government /domestic financial entity” within the title of “national interest”. Government sources stated “multiple and strong logical reasons” counsel “outright rejection” of any proposal that will get the debt-laden and loss-making non-public entity throughout the fold of the stateowned corporations,

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