QUOTE AND NEWS
The Hindu Business Line  Apr 8  Comment 
The Bombay High Court has upheld the decision of a power distribution company categorising telephone exchanges of Mahanagar Telephone Nigam Ltd (MTNL) as ’commercial consumer’ for the purpose of c...
The Hindu Business Line  Mar 13  Comment 
Ailing state-run telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have total outstanding arrears of Rs 6,215 crore from customers as on December 31, 2012,...
The Hindu Business Line  Nov 28  Comment 
Loss-making Mahanagar Telephone Nigam Ltd (MTNL) has asked the government not to withdraw its Navratna status as it is working on a plan to start making profits by March 2013 that will include giv...
The Hindu Business Line  Nov 2  Comment 
Ties up with Mobicule for more efficient meter reading system
The Hindu Business Line  Nov 2  Comment 
Discrepancies in the monthly billing to consumers of piped natural gas (PNG) in Mumbai could soon be a thing of the past. As of September, Mahanagar Gas Ltd has started using mobile phones to trac...
The Hindu Business Line  Aug 14  Comment 
Mahanagar Telephone Nigam Ltd’s net loss widened 24 per cent to Rs 1,059.28 crore for the first quarter ended June 30, 2012 compared with Rs 850.04 crore in the corresponding period last fiscal. I...
Wall Street Journal  May 30  Comment 
Mahanagar Telephone Nigam, the state-run company that provides telecommunication services in India's two largest cities, has cut the tariff for Internet usage on its third-generation network by about 70%, signaling a new wave of price war in the...
The Hindu Business Line  May 11  Comment 
Mahanagar Telephone Nigam Ltd on Friday widened its loss to Rs 1,374.4 crore for the fourth quarter ended March 31, 2012. The losses were mainly led by high interest cost on loans...
The Hindu Business Line  Feb 10  Comment 
Mahanagar Telephone Nigam Ltd widened its net loss to Rs 929.77 crore for the third quarter ended December 31, 2011. In the corresponding period last year, the loss was Rs 671.04 crore. ...
The Hindu Business Line  Dec 18  Comment 
Ailing state-run telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) are yet to recover Rs 6,444 crore as dues from subscribers for non-payment of bills.




 
TOP CONTRIBUTORS

Mahanagar 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]





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
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