December 3rd, 2018 3:02 PM 26 COMMENTS

MTNL Should Merge With BSNL Based on a Special Purpose Vehicle: MTNL Chairman

The government led debt-ridden telecom operator, Mahanagar Telephone Nigam Limited (MTNL), which operates in Delhi and Mumbai circles has urged the government to package a Special Purpose Vehicle (SPV) so that the Rs 20,000 crore debts and assets including 1,100 towers, lands and buildings are deleveraged to correct the financials of the company. MTNL has also talked to the government about a merger with BSNL so that the telco will... Read More

October 19th, 2018 5:19 PM 4 COMMENTS

Telecom Department Asks State-Run MTNL to Reveal Long-Term Roadmap as Part of Revival Talks

State-run telecom service provider, Mahanagar Telecom Nigam Limited (MTNL) is already conducting its revival talks with the DoT. As part of the talks, the Department of Telecommunications has asked MTNL to draft a long-term roadmap on how the telco is planning to sustain the competitive Indian telecom market. All the top private telcos- Airtel, Vodafone Idea and Reliance Jio have a pan-India footprint, but MTNL is providing services in just... Read More

October 12th, 2018 5:40 PM 0 COMMENTS

MTNL to Raise Authorised Share Capital by 10 Times to Rs 10,000 Crore

Mahanagar Telephone Nigam Limited (MTNL) today confirmed that it received approvals from shareholders to its proposals of raising authorised share capital to Rs 10,000 crore, which is over 12 times. At the same time, MTNL said that it would raise the borrowing limit by around 38% to Rs 25,000 crore. "To increase the authorised share capital of the company from Rs 800 crore to Rs 10,000 crore, a total of... Read More

October 10th, 2018 6:04 PM 0 COMMENTS

MTNL to Release Tender for Equipment as Telco Ramps Up Plans of 4G Launch

Mahanagar Telephone Nigam Limited (MTNL), the government led telco which is running operations in Delhi and Mumbai plans to roll out 4G services with the help of Rs 6,292 crore capital issuance from the government. For the rollout of 4th generation network services, the telco will also soon release a tender for searching a vendor partner. MTNL has planned that it would relay its 4G services in the 1800 Mhz... Read More

September 30th, 2018 6:20 PM 12 COMMENTS

BSNL 4G: DoT Planning to Approach Cabinet for Spectrum Allocation in November

It is already a known news that the Department of Telecommunications (DoT) has accepted BSNL and MTNL's proposal for acquiring 4G airwaves. According to the latest information, the DoT will likely approach Union Cabinet in the next two months for the allocation of 4G spectrum to both the government-owned firms. "The draft Cabinet note is expected to be ready in mid-October after which it will be floated for inter-ministerial consultation.... Read More

September 19th, 2018 12:08 PM 9 COMMENTS

Govt to Decide on Spectrum Allocation for MTNL and BSNL By Year End: Telecom Minister

Telecom Minister Manoj Sinha remarked on Tuesday that the government would decide on spectrum allocation for 4G services to public sector telecom companies, MTNL and BSNL by year end. At a conference organised by MTNL Mazdoor Sangh, Sinha said "I fully agree that survival of BSNL and MTNL without 4G spectrum is tough. There are some decisions of the apex court. We have made a strategy to settle them. I... Read More

September 17th, 2018 1:58 PM 4 COMMENTS

MTNL Bundles 2GB Data and Unlimited Voice Calls With its New Prepaid STV 98

Mahanagar Telephone Nigam Limited (MTNL) has introduced a new prepaid STV of Rs 98 to take on Jio's Rs 98 prepaid plan. The government-owned telco is offering similar benefits as the Mukesh Ambani-owned Jio. Notably, Bharti Airtel is also offering a Rs 99 prepaid plan for select users, which also comes with benefits same as the Rs 98 plan from MTNL. MTNL is operating in two telecom circles- Mumbai and... Read More

September 3rd, 2018 3:07 PM 6 COMMENTS

MTNL Aiming to Roll Out 4G Services in 9-12 Months After the Hike of Borrowed Limit

Mahanagar Telephone Nigam Limited (MTNL)  is planning to seek approval for raising its authorised share capital to Rs 10,000 crore. The government-owned entity also plans to borrow powers by almost 40%, which will aid the telco's 4G plans and provide it with the firepower to compete in the market. MTNL has been struggling a lot in recent times, especially after the entry of Reliance Jio to the Indian market. Also,... Read More

August 29th, 2018 3:32 PM 1 COMMENTS

MTNL Prepaid STVs from Rs 171 to Rs 421 Explained: Are They Better Than Jio’s Offerings?

Mahanagar Telephone Nigam Limited (MTNL) has a wide range of prepaid combo plans offering data, voice and SMS benefits, like private telcos. Right now, MTNL is offering combo prepaid plans starting at Rs 171 and going all the up to Rs 421. MTNL is offering a total of five prepaid plans under Rs 500- Rs 171, Rs 197, Rs 231, Rs 365 and Rs 421. Under these plans, MTNL is providing up... Read More

August 14th, 2018 7:06 PM 2 COMMENTS

MTNL Losses Widened to Rs 943 Crore During Q1 FY19

Mahanagar Telephone Nigam Ltd (MTNL), in a regulatory filing today stated that its losses widened to Rs 943.3 crore during Q1 FY 19. The losses stood at Rs 703.1 crore in the corresponding period of 2017-18, according to MTNL's regulatory filing, as reported by PTI. MTNL, which is one of the oldest telecom service providers in the country has been hit the cutthroat competition in the industry. The telco has... Read More

June 19th, 2018 1:31 PM 7 COMMENTS

MTNL Launches Prepaid STV 171 With 1.5GB Daily Data Benefit and Unlimited Voice for 28 Days

Mahanagar Telephone Nigam Limited (MTNL) has come up with a new prepaid tariff plan of Rs 171, which offers benefits in-line with those of private operators tariff plans. This new STV 171 is also part of the company's Trump Special STVs which now start at Rs 171 and goes up to Rs 421. And do make note that these STVs are available only for prepaid MTNL users in Delhi and... Read More

May 30th, 2018 7:51 PM 18 COMMENTS

MTNL Registers Losses of Rs 900 Crore in December-March Quarter

MTNL’s financial woes seem to take a nosedive as the company has released the numbers for the quarter ended March 31, 2018. The state-owned telco has registered huge losses to touch the figure of Rs 900 crore in the last quarter that ended March 2018. To give a bird’s eye of how serious of a problem it is for MTNL, it is necessary to know that in the same period... Read More

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