MTNL board gives nod for Mauritius subsidiary

MTNL’s CMD Narendra Sharma did not rule out the possibility of MTNL, Mauritius, being the holding company for the company’s overseas operations. MTNL is in the process of finalising the licensing procedure with Telecommunications Consultants of India Ltd (TCIL) for the Kenyan market apart from entering the Malawi market. ‘‘We already have a joint venture with TCIL, VSNL for Nepal to provide limited mobility services, which we expect to commence next week,’’ he said.