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Thursday, December 12, 2019

MTNL

MTNL NEWS

MTNL shares rise as it seeks shareholder nod for fundraising, monetisation of assets

December 12, 2019 1:29 pm

Mahanagar Telephone Nigam Ltd (MTNL) would seek shareholders' approval for issue of non-convertible redeemable non-cumulative preference shares on a private placement basis to the government towards payment of 4G spectrum cost.

About 92,700 BSNL, MTNL employees opt for VRS; firms to save Rs 8,800 cr annually

December 03, 2019 10:32 pm

Under the scheme over 1 lakh BSNL and 16,300 employees at MTNL were eligible for VRS which was rolled out on November 4.

Over 92,000 employees of BSNL, MTNL opt for VRS scheme

November 25, 2019 7:07 pm

Nearly one lakh BSNL employees are eligible for the Voluntary Retirement Scheme (VRS) out of its total staff strength of about 1.50 lakh. The effective date of voluntary retirement under the present scheme is January 31, 2020.

The revival plan for BSNL and MTNL does not inspire confidence

November 16, 2019 11:53 am

Worried about the future of the public sector entities, the government has crafted a revival plan, including a merger of BSNL and MTNL. In management jargon, the merger could potentially unlock synergies, but unfortunately there appear none on the telecom horizon.

Vendors mull insolvency action against BSNL, MTNL for pending payments

November 04, 2019 8:46 pm

The pending payments are against the supply of telecom gear and other goods to BSNL and MTNL as well as Rs 45,000-crore rural broadband project BharatNet, PHD Chamber of Commerce Telecom Committee chairman Sandeep Aggarwal said.

MTNL introduces new 1Gbps broadband plans in Delhi starting at Rs 2,990

October 28, 2019 4:23 pm

Under the new Rs 2,990 plan, users will get 4TB of monthly data FUP for the first six months, after which the FUP limit will drop to 3TB.

MTNL, BSNL to be merged, revival plan gets go-ahead

October 24, 2019 3:55 am

MTNL provides telephony services in Delhi and Mumbai, while BSNL is present across the rest of the circles in the country.

Simply Put: Reading Cabinet’s decisions

October 23, 2019 11:57 pm

What is the government trying to achieve by its Wednesday decisions on the telecom, farm and petroleum sectors? What is the context of the announcements, and how should they be understood?

Explained: Will merging BSNL and MTNL pull the two companies out of their problems?

October 23, 2019 7:51 pm

The revival package for the two PSUs comes at a time when the telecom sector is facing financial stress due to stiff competition and reduction in tariffs.

BSNL, MTNL to merge, Cabinet announces Rs 29,937-crore revival package

October 23, 2019 8:21 pm

The announcement comes at a time when MTNL and BSNL have been posting successive loses in recent financial years amid stiff competition from private players.