Govt mulls 5% sale in BSNL

In a bid to consolidate the position of its telecom PSUs, the government may consider five per cent divestment in Bharat Sanchar Nigam before looking at the option of merging it with Mahanagar Telephone Nigam.

Immediately after taking charge, new Telecom Minister Dayanidhi Maran was presented with numerous suggestions, including the merger of the two telecom PSUs and five per cent divestment in BSNL to assess the company's market value.