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MTNL COST CUTTING
MTNL approves reduction in employee cost by offering Voluntary Retirement SchemeMahanagar Telephone Nigam has approved a Voluntary Retirement Scheme (VRS) aimed at reducing employee costs, modeled substantially on the G...- MTNL expects government approval on VRS, Rs 4,130 crore refund, assets monetisation planState-owned telecom carrier had requested the government to refund the interest cost on the amount it paid in 2010 for acquiring BWA spectr...
- Legacy staff cost, tariff war, absence of 4G service plaguing MTNLTelecom Minister Manoj Sinha informed the Lok Sabha that the Department of Telecom has has received revival plan of MTNL
- MTNL mulls mobile services with BSNL on revenue sharing basisMTNL is working on a plan to operate its mobile services business in Delhi and Mumbai in partnership with BSNL on a revenue sharing basis.
- MTNL keen to sell 50 per cent in Millennium Telecom to BSNLThe proposal is aimed at unlocking cost-efficiencies since Millennium Telecom will have a negligible licence fee payout obligation to the g...
- MTNL to float Rs 200 crore tender for expansion 2G and 3G network servicesState-run MTNL is likely to come out with a nearly Rs 200 crore tender for expansion of 2G and 3G network services next month.
- BSNL, MTNL synergy as per Trai norms: UpadhyayTaking their talks forward with MTNL, state-run BSNL today said both the organisations are working together to streamline their businesses.
- MTNL Union opposes job cuts; threatens to go on strikeThe non-executive employees union of the state-run MTNL on Friday said it might decide to go on strike during Commonwealth games next month...
- MTNL seeks nod to axe two-thirds staffThe telco, which is 56% owned by the government, and offers services in Delhi and Mumbai, currently has over 45,000 employees on its rolls.
- Return spectrum fee to PSU telcos: Raja to FMPitching for telecom PSUs, BSNL and MTNL, telecom minister A Raja has approached finance minister Pranab Mukherjee seeking reimbursement of...
- MTNL slashes ISD rates for GSM, 3G subscribersState-run MTNL today slashed ISD calling rates for its GSM as well as 3G subscribers, bringing down the cost for calls to countries such as...
- MTNL writes to DoT to pay for pension to cut wage billConcerned over falling revenues and profitability, state-run telecom firm MTNL has asked the government to pay pension to the company's ret...
- Macquarie downgrades telecom sector to UnderweightThe recent tariff price cut war by telecom companies and plans by the industry regulator to make ‘pay per second’ mandatory has led many br...
- JP Morgan maintains 'Neutral' rating on MTNLJP Morgan maintains 'Neutral' rating on MTNL and cuts the estimates significantly to reflect weak financial performance over the past two q...
- MTNL falls out of investors' favourMahanagar Telephone Nigam (MTNL) seems to be losing the favour even with its remaining loyalists among investors.
- Analysts' Picks: MTNLMerrill Lynch has maintained its ‘underperform’ rating on the stock with a lowered target price of Rs 65 from Rs 110 earlier, saying it has...
- BSNL to bid for MTNL's ILD tenderState-run BSNL will bid for the outgoing international call routing tender of MTNL.
- MTNL gets ILD licence; ISD may come downPublic sector telecom service provider MTNL on Wednesday received the much-awaited international long distance licence, a development which...
- ISD rates may fall; MTNL seeks new bids for traffic carriageInternational call rates may head towards south as the state-run MTNL on Monday invited fresh tender from Indian ILD operators seeking lowe...
- Aksh Optifibre to start making set top boxesAksh Optifibre plans to start making set top boxes in India this year to tap the rising demand in the wake of the roll out of conditional a...
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