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FINANCIAL HEALTH OF MTNL
Cabinet secretary to hold meeting next week on MTNL revivalCabinet Secretary TV Somanathan will convene a meeting next week to address the financial woes of MTNL, which faces significant loan defaul...- Exempt telcos with under 15% market share from floor price norms: BSNL, MTNL to TraiIn their suggestions to Trai, the two public sector operators have acknowledged that the telecom industry is facing heat due to sudden and ...
- Government needs to hike defence spending: Manish Tewari"China is spending more on defence. Their defence spending has grown over the years," Tewari said in the Lok Sabha during the Zero Hour.
- DoT commission seeks revenue assurance from BSNL, MTNL for revival supportPublic sector firms BSNL and MTNL have sought financial support, 4G spectrum and approvals for asset sales as part of their revival plans.
- Cash-strapped MTNL going the Air India way?Once a Navratna company, MTNL now does not have money to pay November salaries to its 45,000 staffers.
- Procurement quota: 2 tenders on the anvil for ITIL's participation, says BSNL chiefState-owned ITI Ltd will have an opportunity to participate in two large tenders of telecom PSU Bharat Sanchar Nigam Ltd (BSNL) by March-en...
- Government 'seriously looking' at revival plan for MTNLReplying to supplementaries in the Lok Sabha, Union minister Manoj Sinha said the government is also considering equipping MTNL and BSNL to...
- New telecom policy will address sectoral stress, says Manoj Sinha"The policy will take into account latest technology advancements, IoT, 5G, artificial intelligence. But I don't think this is a revenue ge...
- DoT panel studying Deloitte report on MTNL revival: Manoj SinhaA household telephony brand in the 90s and early 2000, MTNL has been making losses since 2009-10 after it was asked to pay Rs 11,000 crore ...
- Government rules out privatisation of BSNL, MTNLPrasad said the telecom subscribers base in the country is set to touch one billion mark soon from 97.9 crore as on December-end.
- MTNL planning to raise around Rs 2,300 crore by selling bonds with ten-year maturityThe bids will open on Wednesday as the coupon rate is expected to be fixed above 10-15 basis points higher than the benchmark govt bonds.
- Government to invest Rs 39,458 crore in BSNL, MTNL in next five yearsBSNL and MTNL will get an investment of Rs 39,458 cr over next five years, as the government plans to bring the lossmaking units back on th...
- Government plans Rs 39k-crore capital infusion in BSNL, MTNL over 5 yearsBSNL's market share of mobile subscriber base has dipped to 10.95 per cent, as on May 2014, from 14.87 per cent in March, 2009.
- Poke Me: Why BSNL & MTNL should be revivedGovernment-owned enterprises such as MTNL and BSNL have played a crucial role in the development of telecom infrastructure, prior to the em...
- BSNL borrowed Rs 1,320 cr for capex in 2011-12BSNL borrowed Rs 1,320.47 crore from the market to meet capital expenditure during 2011-12, Minister of State for Communications and IT sai...
- MTNL plans 1145 crores capex this fiscal: MDKuldeep Singh, CMD, MTNL, in an interview with ET Now talks about MTNL, BSNL merger and the financial health of the company. Excerpts:
- 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...
- PM forms committee to arrest BSNL's falling revenuesConcerned over deteriorating financial health and competitiveness of BSNL, the government has constituted a high-level committee to look in...
- Govt approves extension of order benefits to sick ITIIn an attempt to revive loss-making telecom equipment manufacturer ITI, the government today approved a proposal under which the company wi...
- Stocks to watch: MTNL, NTPC, Reliance Industries, SAIL, Tata Steel, Thermax, Jet AirwaysCrude oil prices were mixed in Asia on concerns of health of global economic recovery.
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