MTNL’s Mauritius exit on hold as India weighs strategic interests
The government has paused MTNL's plan to exit its Mauritius telecom unit, prioritising India's strategic presence on the island over debt-driven asset sales. The decision comes even as MTNL's overall liabilities have crossed ₹37,000 crore, with all its bank loans turning into NPAs.
India has postponed its decision to divest its stake in Mahanagar Telephone (Mauritius) Ltd, the telecom subsidiary of debt-ridden state-owned Mahanagar Telephone Nigam Ltd (MTNL), according to sources. The government aims to maintain its presence on the island, according to officials familiar with the matter. The report comes from Jatin, a journalist based in New Delhi, who covers telecom and technology with a focus on policy and regulation.
Jatin, a commerce graduate, has reported on various industry developments, regulatory changes, and policy decisions that influence India’s digital ecosystem.
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