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.
The services in Delhi will start from November 1, with a basic monthly rental of Rs 125 for more than 30 free-to-air channels and Rs 500 as security deposit.
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.
MTNL to invest Rs 500 cr on capacity expansion
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.
Investors were impressed by MTNL's plans for inorganic growth, propelling the stock higher in early trades on Tuesday.
The telephone subscriber base was 996.49 million at the end of March.
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.
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
Home minister heads several groups of ministers, including the one to decide the revival package for Bharat Sanchar Nigam and Mahanagar Telephone Nigam. His ministry also takes decisive calls on national security in relation to telecom operations as well as equipment and technology used in the industry.
The central government has mandated all ministries, public departments and public sector units to use the telecom services of State-run Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).
While MTNL on Friday claimed that its website has been restored, some users complained that they were unable to access it.
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.
Minister said the government wants to bring them back to profitability.
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.
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.
'The announcement has come too late. This should have been done years ago.'
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 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.
The Centre is considering relaxing some norms that led to the failure in attracting bids for assets of Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) as they look to restart the auction for their non-core assets. The Department of Investment and Public Asset Management (DIPAM) had listed six properties of BSNL and MTNL for sale through its new e-bidding portal, developed by state-run MSTC, but the auction failed to garner an adequate interest. DIPAM had asked government-appointed property consultants to identify issues in the bidding criteria for resolution.
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.
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
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