MTNL reports a standalone loss of Rs.718 crores in Apr-June 2016 quarter

Follow Us

Struggling PSU telecom operator, Mahanagar Telecom Nigam Ltd. today reported that their standalone loss was at Rs 718.02 crore in the April-June quarter this year down fro Rs 734.24 crore in the same period a year ago. The total income of MTNL from their two operational circles of Mumbai and Delhi also declined by 4.5 per cent to Rs 744.72 crore in April- June quarter from Rs 780.12 crore in the corresponding quarter of 2015-16.

mobile-india-network




Income from basic telephony and other services declined to Rs 612.74 crore in April-June 2016 from Rs 648.68 crore in the year-ago period. While revenue from cellular GSM services declined to Rs 163.01 crore from Rs 166.33 crore.

During the March - June quarter, the company added only 29587 new GSM subscribers while its nearest competitors added 3-5 times more new subscribers on their network. Though the company had 35,90,443 GSM customers on their network at the end of June, the VLR data shows only 61% of those connections are active.

In the wireline category, MTNL lost over 20,200 connections during the period and now has 34,38,888 active wireless connections.

Recent Comments

shivraj roy :

i feel Vi has improved than what it was in 2022 i usually get around 8-10mbps in very heavily dense…

5G Users Consuming 3.6 Times More Data than 4G Users…

biswadeepmondal :

JioAir Fiber is working very well in KPA & HLR. Sadly they don't have any data only plan.

REP: Airtel Expands Network Footprint in Bankura District of West…

Anonymous :

In line with Airtel's ?49 plan that offers 20GB of data for the same duration.

Jio Brings New Rs 49 Plan

SCKPA :

Airtel is claiming so many things. But at our location there have so many places where airtel 2g signal is…

REP: Airtel Expands Network Footprint in Bankura District of West…

Faraz :

Yes.. Corruption and arrogance is in the core of this organisation since beginning.. & Now even gov wants everything to…

BSNL's Operating Profits Signal a Positve Future

Load More
Subscribe
Notify of
13 Comments
newest
oldest most voted
Inline Feedbacks
View all comments