MTNL Struggles with Bond Payment, Relies on Sovereign Guarantee
Published on: Aug. 14, 2025, 11:20 p.m. | Source: Devdiscourse
State-run telecom company MTNL has failed to repay a significant bond payment due on August 24. Despite a tri-partite agreement ensuring funding ten days before the due date, MTNL could not secure the necessary funds. The bonds are sovereign guaranteed, assuring government intervention in event of default.
