The start of the new financial year will not be bringing joy to MTNL's broadband subscribers in Mumbai circle. MTNL has revised its broadband tariff and hiked its FTTH and VDSL plan tariffs. The revised rates are effective from April 1, the company said on its website. The monthly rental for the MTNL's broadband plan Fibre Thrill 4000 has been increased by about 25 %, while that of the VDSL plan by 19 %. Both these plans are generally preferred by businesses.
After the increase, the monthly rental rate is Rs 4,999 for the Fibre Thrill 4000 plan, which offers download speed of 50 mbps up to 250 GB usage limit and 1.5 mbps thereafter. The VDSL plan -- a very high speed fixed line broadband -- offers top download speed of 10 mbps up to certain usage limit and then drops to 1.5 mbps.
In addition to this, MTNL has increased about 7-11 per cent in monthly rental of broadband plans offering a maximum speed of 2 mbps and minimum download speed of 1 mbps. General customers or home users prefer these plans. The company has already raised its mobile internet-rack rates for subscribers in Mumbai by 33 per cent, which is from 2 paise per 10 kb to 3 paise per 10 kb effective February 1.
MTNL has also surrendered its entire 800MHz and 2600MHz spectrum holding in Mumbai circle for a refund from the government to steady its finances and make good its loss.Earlier we had reported that MTNL was among the list of 65 sick PSUs and now it aims at improving its financial health by such tariff hikes.