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

By September 14th, 2016 AT 11:59 AM

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.

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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.

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MTNL Now Offering Up to Three Times More Data and Unlimited Calling for All its Broadband Users in MumbaiS GopalSwami AniruddhatrtAshish Maharashtra Recent comment authors
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[…] the Bharat Sanchar Nigam Ltd (BSNL) has started making profits, MTNL hasn’t shown any signs of improvement in the revenues department […]

Ashish Maharashtra
Ashish Maharashtra

I think bsnl mtnl should merge but unions opposing it or mtnl should focus purely on wireline or wireless or should help other private opeators to usr there’s resources

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