Bharat Sanchar Nigam Ltd is all set to report its first improvement in finances after the entry of Reliance Jio into the market, and is on track to reduce its operating expenses by around half this year. For the first nine months of the current financial year, BSNL’s total losses plunged to just Rs 3,607 […]
The voluntary retirement scheme offered by the central government to employees of state-owned telecom companies BSNL and MTNL seems to have been a hit, going by the response so far. As of last Wednesday (Nov 27), a total of 79,101 employees of BSNL and 14,050 employees of MTNL have applied for VRS under the scheme. […]
State-owned telecom operator Mahanagar Telefone Nigam Ltd or MTNL has released details of the voluntary retirement scheme or VRS that will be available to its employees as part of its merger with BSNL. The company said the VRS has been based on the ‘Gujarat Model’. Under this model, employees will get a sum equal to […]
Government of India plans to give 4G-suitable spectrum in three LTE bands to BSNL and MTNL as part of a plan to revive their operations, Minister of Communications Ravi Shankar Prasad announced on Thursday. Prasad said the two public sector companies have requested spectrum in the 800 MHz, 1800 MHz and 2100 MHz bands to […]
India’s state-owned telecom utility Bharat Sanchar Nigam Ltd is likely to report a decline of around 1.66 mln landline phone users in the year-ended March 2018, the highest in its history. During the first ten months of the just-concluded financial year, the company saw a 10.04% fall in its landline telephone users. At this rate, […]
State-owned Bharat Sanchar Nigam Ltd, which had been seeing a steady recovery in its financial condition in the last three years, found it difficult to keep the recovery going in FY17. According to the latest data given by the Department of Telecom, the company reported a net loss of Rs 4,786 cr for the year […]
State-controlled telecom services provider Mahanagar Telephone Nigam Ltd said it has sought permission from the Department of Telecom to sell some of its assets to pay down debt. “In order to come out of the debt, the management of MTNL is considering the proposal for asset monetization, i.e., lease or sale of real estate and […]
Mahanagar Telephone Nigam Ltd, the state-owned telecommunications operator in the metro areas of Delhi and Mumbai, said it was not aware of any ‘restarting’ of talks related to its merger with Bharat Sanchar Nigam Ltd, the pan-India telecom operator owned by the public. “We are not aware of any such news. As and when any such […]
State-owned Mahanagar Telefone Nigam Ltd has made all calls free for some of its more expensive broadband combo plans. According to the company’s tariff chart updated on its website, all local and STD calls will be free for anyone opting for the rather expensive Rs 1,999 plan in Delhi. Under the plan, a user gets […]
MTNL’s chairman and managing director PK Purwar has resigned, the company said. MTNL gave no reason for the development, but only said that Purwar had “relinquished the charge of CMD.” NK Yadav has been appointed in his stead as the new MTNL head, it said. Purwar, a long-serving director of finance at MTNL, was appointed […]
Mahanagar Telephone Nigam Ltd or MTNL plans to more than double its GSM and 3G coverage and capacity in Mumbai and Delhi over the next 2-3 years, the government said in a statement today. MTNL’s mobile services, despite being affordable, have seen a steady decline in users, and by implication, in revenue and profitability, in […]
