Union Bank of India has signed a memorandum of understanding (MoU) with public sector telecom company MTNL and  BSNL. 
The bank has already been using the services of MTNL and BSNL for  WAN (wide area network) across the country.
According to statement issued by the bank , the telecom company will provide  latest network technologies to the bank at  highly competitive rates.
 
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