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Sensex, Nifty dip on weak global cues; MTNL, DHFL, Suzlon Energy stocks bleed
Fri, Jun 28, 2019
The BSE Sensex went down 191 to 39,394 while the 50-stock Nifty slipped 52 points and closed at 11,788 levels. The index Bank Nifty went down 164 points and closed at 31,105 levels.
MTNL moots VRS package to save Rs 1,080 cr in annual salary tab
Wed, Apr 24, 2019
DoT has prepared a rescue plan for the distressed PSUs, MTNL and Bharat Sanchar Nigam Ltd (BSNL), in form of a revival package that entails components like VRS, asset monetisation, and allocation of 4G spectrum.
Department of Telecom floats draft proposal on 4G spectrum to BSNL, MTNL
Mon, Apr 22, 2019
The Department of Telecom is learnt to have circulated a draft cabinet note for the allocation of 4G spectrum to BSNL and MTNL and implementation of a voluntary retirement scheme at the two loss-making telecom PSUs.
BSNL, MTNL asset sale proceeds to clear debt, fund VRS
Wed, Apr 10, 2019
BSNL has a subscriber base of 11. 5 crore and had been in losses for the last 13 years with its last announced financial statement of 2017-18 showing a Rs 7,992-crore loss, while the audited loss is expected to be higher in 2018-19.
Big relief for BSNL, MTNL employees, courtesy PMO
Thu, Apr 04, 2019
The Prime Minister's Office is learnt to have agreed in principle to bail out loss-making public sector telecom firms MTNL and BSNL by addressing their three key pain points.
Fastest broadband internet speed in India: Jio GigaFiber vs Airtel vs BSNL vs Hathway vs others - Here's the winner
Mon, Apr 01, 2019
Fastest internet provider in India: Reliance Jio GigaFiber has once again topped the list of fastest speed provided by Internet service providers in India.
Trai to hold consultation with BSNL, MTNL on allocation 4G spectrum: RS Sharma
Tue, Mar 26, 2019
We will issue a consultation paper and hold open house discussion on it," Trai Chairman R S Sharma told reporters on sidelines of an ICEA event.
DoT asks state governments not to disconnect BSNL, MTNL electricity connections
Sun, Mar 24, 2019
When contacted, BSNL Chairman and Managing Director Anupam Shrivastava said, "We have cleared 90 per cent of the dues for electricity connections. Now around Rs 250 crore is left, which will be cleared in next 15-20 days. There were some disconnections that took place but all of them have been restored now."
DoT for 10-year bond to fund BSNL, MTNL VRS, land leasing to trim debt
Thu, Feb 21, 2019
The revival of MTNL and BSNL was also discussed at the meeting. Both the organisations face the biggest common hurdle of a very large legacy of staff which has been given by DoT to them.
MTNL shares jump 19% on likely revival measures
Thu, Feb 21, 2019
MTNL stocks surged 19 percent around 11.30 a.m. to touch an intra-day high Rs 14.35 per share.
DoT panel may decide on penalty on 3 telcos, MTNL's VRS today
Thu, Feb 21, 2019
In October, 2016, the Telecom Regulatory Authority of India (TRAI) had recommended imposing penalties on the three operators as they didn`t provide enough POIs to Reliance Jio, which resulted in poor quality of services. PoIs allow calls to transfer from one network to another.
MTNL offers free unlimited to customers - Here is how to get it
Wed, Dec 26, 2018
State-owned telecom operator Mahanagar Telephone Nigam Limited (MTNL) is providing free unlimited data to its prepaid connections.
7th Pay Commission: No strike today! Unhappy BSNL employees give breather to Govt over their pension, wages demands
Mon, Dec 03, 2018
Earlier various news circulated mentioned that, BSNL has released a statement, where they BSNL employees union will hold a strike on December 3, for a list of demands.
7th Pay Commission: Meet pension, wages demand or face strike, BSNL, MTNL threaten NDA government
Fri, Nov 30, 2018
7th Pay Commission: It is not just central government employees who have showed disappointment in government's recommendations and implementation of 7th Pay Commission panel report.
MTNL prepaid Rs 171 plan unveiled with 1.5GB daily data; check other benefits
Tue, Jun 19, 2018
MTNL, the state-run telecom service operator, is now bracing up to become more competitive in the market that is ruled by the private players
MTNL revival is on cards, reveals CMD PK Purwar
Thu, Jun 14, 2018
PK Purwar, chairman and managing director of public sector telecom firm MTNL, said, "MTNL has invested a lot in Delhi and Mumbai to improve its services with a hope to increase its customer base and revenue," adding that a proposal to provide 4G spectrum to MTNL and BSNL is also under active consideration at the telecom ministry.
MTNL investing Rs 190 cr to upgrade services; may be allocated 4G spectrum: Manoj Sinha
Sun, May 20, 2018
Cash-strapped telecom firm MTNL is investing Rs 190 crore to upgrade its services and may also be allocated 4G spectrum to help stay relevant in the highly competitive market, telecom minister Manoj Sinha has said
MTNL approaches govt for allotment of 4G spectrum; offers equity in return
Sun, Apr 29, 2018
Mahanagar Telephone Nigam Ltd (MTNL) CMD P K Purwar said the firm has written to the Telecom Department seeking spectrum in the 1800 and 2100 MHz bands to launch 4G services in order to strengthen its service portfolio in a fiercely-competitive telecom market.
No proposal to merge BSNL, MTNL: Manoj Sinha
Thu, Feb 22, 2018
DoT unveiled a strategic plan for bringing together state-owned companies and organisations in the sector for promoting greater operational synergy among them.
Telecom subscriber base drops marginally to 121 crore
Thu, Sep 14, 2017
Only three operators -- Reliance Jio, Bharti Airtel and state-run BSNL -- reported subscriber additions in the month, while eight other operators including Idea Cellular and Vodafone, saw a decline.