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BSNL, MTNL restructure proposal
Submitted by Karthik on 2 November, 2005 - 00:52Aiming to promote growth in the telecom sector, the DoT is apparently considering implementing a Baby Bell-like split of BSNL into four regional arms - North, South, East and West.
According to the proposal, the North and Western arms would merge with MTNL's Delhi and Mumbai operations respectively. All four arms along with a mobile unit - BSNL Mobile, and an infrastructure unit - BSNL Infrastructure would operate under the aegis of a parent company - BSNL Holdings.
Full Story: Business Standard.

It however says here that
It however says here that this is all a load of bullshit.. :)
Din.