India’s Department of Telecommunications (DoT) has been considering the fate of the country’s two ailing state-owned telcos for at least four years now. Finally, a merger of BSNL and MTNL, discussed for so long, may be on the cards, as Indian operators face intensified competition, following the launch of Reliance Jio, and a new wave of infrastructure investment. According to the Economic Times, the DoT held a top level meeting recently to talk about combining the two telcos, which are under financial stress. However, it would not be a marriage of equals. A merger would rescue MTNL from probable collapse but would be an additional burden to BSNL, which is in better health and is far larger (MTNL operates just…