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Henry Gillam

 

Image:MTE_Logo.gifMahanagar Telephone Nigam Limited (NYSE: MTE) is an Indian telecommunications company competing in the high growth industries of mobile communications and internet service. Mahanagar was the original monopoly provider of fixed-line telephone services in Mumbai and Delhi, but has since the mid 1990s and the opening up of the Indian telecom industry, faced rapid growth and subsequent consolidation of private sector competition.[1] The Indian government continues to hold 56.25% of the company's equity shares despite the government's stated strategy of moving towards open-market policies and their simultaneous granting of licenses to Mahangar's competitors.[2]




[edit] References

  1. ↑ MTE 2007 20-F, Item 4: Information on the Company, page 10-49
  2. ↑ MTE 2007 20-F, Item 7: Major Shareholders and Related Party Transactions, page 70-71
Retrieved from "http://www.wikinvest.com/stock/Mahanagar_Telephone_Nigam_(MTE)"
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