State-owned Mahanagar Telephone Nigam Limited (MTNL), which provides telecom services in Delhi and Mumbai regions, will offer voluntary retirement scheme (VRS) to about 20,000 employees, as part of its efforts to turn profitable.
The telecom PSU has also approached the government for surrendering its broadband wireless access (BWA) licence for which it paid Rs 4,600 crore, MTNL chairman and managing director A K Garg said on Wednesday.
