Having achieved a subscriber base of over 10 lakh in Mumbai, state owned Mahanagar Telephone Nigam Ltd has approached the government for an additional frequency of two MHz to expand its cellular mobile services.
Mahanagar Telephone Nigam Ltd will soon expand its network by an additional 4 lakh GSM lines. The company has awarded a contract for this purpose to US-based telecom equipment vendor Motorola.
The government on Wednesday said the Mahanagar Telephone Nigam Ltd board has approved the bid for acquiring stake in Rwanda Telecom.
Hutch and Aircel jointly lead the customer expectations ranking, ahead of Reliance, Tatas and Bharti as per the latest survey by TNS Celltrack, while MTNL has the dubious distinction of being the last on this overall list covering 13 circles.
Until March 2009, MTNL had Rs 11,429.37 crore of reserves and zero debt in its books. In three years a lot changed. At the end of 2011-12, the debt stood at Rs 9,647.49 crore and the reserves had dwindled to Rs 1,906.70 crore, after it paid Rs 11,000 spectrum fee.
State owned Mahanagar Telephone Nigam Ltd will lose an additional revenue of up to Rs 300 crore (Rs 3 billion) for not implementing the standard tariff package announced by telecom regulator Trai.\n\n\n\n
The Mahanagar Telephone Nigam Ltd has announced new outgoing rates under IUC regime for its pre-paid mobile card Trump, revising the outgoing charges for calls to landline phones to Rs 2.70 per minute.
MTNL on Tuesday launched its long distance services between Delhi and Mumbai, opting Tata-owned VSNL as its preferred carrier for STD calls -- a move that could bring down call rates.
State-run telecom firm Mahanagar Telephone Nigam Ltd plans to apply for a national long distance licence to the department of telecom shortly, in an effort to bring down its STD call charges
Eyeing overseas acquisition in a big way, the state-owned Mahanagar Telephone Nigam Ltd is likely to bid for Rwanda Telecom, which is being put on divestment by the African country.
The state-owned MTNL on Friday announced reintroduction of full talk value on all denomination of recharge coupons for subscribers of its pre-paid service Trump, but hiked SMS charges to Re 1 per SMS for both pre-paid and post-paid users.
MTNL's board has given the go-ahead to a voluntary retirement scheme for group C and D employees. It also announced its foray into 'Mobile Commerce', which will help customers to transact business with the help of mobile.
State-owned Mahanagar Telephone Nigam Ltd has reported a dip in net profit to Rs 877.1 crore (Rs 8.771 billion) for the year ended March 31, 2003 as against Rs 1300.6 crore (Rs 13.006 billion) in the previous year.
Taking head-on the private cellular operators, state-owned Mahanagar Telephone Nigam Ltd on Friday announced up to 60 per cent reduction in tariffs for cell-to-cell long distance calls.\n\n\n\n
With a major network rollout on the cards, the government is not keen to change the pattern of tower monetisation for Bharat Sanchar Nigam Ltd (BSNL), officials at the state-owned telecom-service provider said. The monetisation target in the telecom sector had to be revised owing to a change in BSNL's approach to mobile-phone tower monetisation, which had shifted from a sale-based model to a lease-based one.
Of the total proposed allocation, over Rs 1 lakh crore is meant for BSNL and MTNL-related expenses, including Rs 82,916 crore infusion in BSNL for technology upgradation and restructuring at BSNL.
Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Three telecom giants, Mahanagar Telephone Nigam, Videsh Sanchar Nigam and Telecommunications Consultants India Ltd have formed a joint venture and got licence to offer basic telephony.
This was a rare instance when Gandhi raised an issue during the Zero Hour.
DoT is even considering measures to urge private telecom operators to bring down their dependence on Chinese-made telecom equipment.
BSNL has slashed rates of all such calls from its landline network to the level of local call rates of Rs 0.80-1.20, depending upon the rate plan, with a pulse of three minutes.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
BSNL will start providing telecom services, both wireless and fixed line, in Mumbai and Delhi on behalf of MTNL from January 1 on a pilot basis for five to six months.
Monetising real estate assets is part of the overall relief package that would be used to retire debts, upgrade networks, and offer VRS aimed at reducing the telcos' employee strength by half.
Market concentration in the country's telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the country's top two telecom operators - Bharti Airtel and Reliance Jio - in the sector's total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sales of Reliance Jio and Bharti Airtel India were Rs 1.67 trillion in FY23, up 18.6 per cent from the Rs 1.4 trillion a year earlier.
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
BSNL Chairman and Managing Director P K Purwar told PTI that the scheme will be open between November 4 and December 3, and that instructions have already been given to field units to inform employees about the VRS offering.
