Should be able to convince unions for MTNL merger: BSNL

The Mahanagar Telephone Nigam Limited, Bharat Sanchar Nigam Ltd merger finally seems to be in the works as the government has decided on a cut off date for the same- June 2015.

Anupam Shrivastava, director - Consumer Mobility, BSNL says a few issues need to be ironed out in order to go ahead with the proposed merger. These are: the debt position of MTNL; HR issues pertaining to salary scales and the merger of a listen company with an unlisted one.

Also read: MTNL surges over 7% on BSNL merger cut off dateThe government is now considering the buy back of MTNL shares so that the merger can take place.

Shrivastava says the company is planning to monetize land assets, tower assets and training centers if it gets the government's approval. The tower assets will be shared with private companies and the company will soon become profitable, he further adds.