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The government hasn't abandoned its plans to merge MTNL and BSNL

August 15, 2006
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The government hasn't abandoned its plans to merge MTNL and BSNL. It is considering a new strategy whereby in the first phase, it may form a holding company with BSNL and MTNL as its subsidiaries. In the second phase the merger would be complete after a three-year period –­ during which hurdles faced in the merger would be resolved.

 
 
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