DoT sets up panel to study Deloitte’s report on restructuring and revival of MTNL

DoT has set up a panel to study Deloitte’s report on restructuring and reviving state-run telecom operator Mahanagar Telephone Nigam Limited (MTNL). Earlier, considering MTNL’s rising debt levels, DoT had selected Deloitte as a consultant to suggest measures to restructure and revive the company. In the report recently submitted to DoT, Deloitte has reportedly suggested various options including financial support for network expansion, partial or full merger of MTNL and Bharat Sanchar Nigam Limited and the monetisation of surplus assets for improving the financial health of the debt-ridden operator.