MTNL
What are Telcos Looking Forward in 2025?
As we usher in a new year, the Indian telecom industry stands at a pivotal moment of transformation. Operators are focusing on monetizing services to sustain investments in networks and technologies while delivering on their commitments to customers and investors. From 5G rollouts to AI-driven solutions, 2024 marked significant progress, setting the stage for 2025. […]
Read More
MTNL Partners with BSNL for Inter-Corporate Debt to Sustain Operations
The service agreement between Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL) aims to streamline operations and address MTNL’s financial distress. Under this arrangement, BSNL will provide inter-corporate debt (ICD) to MTNL for the maintenance of its assets. This partnership enables BSNL to manage MTNL’s telecom services in the Delhi and Mumbai […]
Read More
MTNL Defaults on Rs 1,094 Crore Loan to Bank of India
Mahanagar Telecom Nigam Ltd. (MTNL) added slippages of Rs 1,094 crore to Bank of India’s results for the July-September quarter, leading the lender to make provisions of Rs 200 crore. Total slippages for the quarter reached Rs 2,546 crore, up from Rs 1,930 crore in the previous quarter. Besides MTNL, slippages included Rs 702 crore […]
Read More
Government to Transfer 3,000 MTNL Employees to BSNL as Financial Crisis Deepens
With state-owned Mahanagar Telecom Nigam (MTNL) facing a financial crisis, the government has initiated steps to transfer over 3,000 employees to Bharat Sanchar Nigam (BSNL) and the Department of Telecommunications (DoT). Officials familiar with the matter have also indicated that the government is considering offering employees a voluntary retirement scheme (VRS). The move aims to […]
Read More
BSNL Emerges as the Only Telecom Operator to Gain Users in July 2024 Amid Tariff Hikes
Bharat Sanchar Nigam Limited (BSNL), the struggling Indian telecom operator, was the only company to gain users in July 2024, while other major players such as MTNL, Airtel, Vodafone Idea (Vi), and Reliance Jio saw customer losses due to recent tariff hikes. BSNL added 2.97 million new customers, bucking the industry trend. Vodafone Idea’s CEO, […]
Read More
BSNL MTNL Merger for 4G Expansion & Connectivity
BSNL and MTNL are gearing up to deliver exciting news for millions of their users. The state-owned telecom giant BSNL recently shared a video on social media, hinting at a potential shake-up in the telecom sector as it prepares to compete with private companies. The video teases the upcoming launch of superfast connectivity, highlighting BSNL’s […]
Read More
BSNL 4G Data Plans for 150 Days, Details Here
After recent mobile tariff hikes by private telecom companies, hundreds of thousands of users have switched to BSNL, which is now capitalizing on this shift to compete more aggressively. The state-owned company is ramping up for a nationwide 4G rollout, supported by a Rs 83,000 crore government fund announced in this year’s budget. Currently, BSNL’s […]
Read More
MTNL BSNL Merger Latest News- 10 Year Service Agreement Between MTNL & BSNL
Mahanagar Telephone Nigam Limited (MTNL), the service provider for Delhi and Mumbai, made several key announcements following a board meeting held on 14th Aug. These announcements include new agreements and approvals for proposed sales. MTNL has entered into a 10-year service agreement with BSNL, which can be terminated by mutual consent with a six-month notice. […]
Read More
MTNL Requests Rs 1,151.65 Crore for Sovereign Guarantee Bonds from Government
Debt-ridden state-run telecom firm MTNL has requested Rs 1,151.65 crore to cover the interest payments on sovereign guarantee bonds for the current fiscal year, Parliament was informed on this. In a written reply to the Rajya Sabha, Minister of State for Communications Pemmasani Chandra Sekhar stated that the government has implemented several measures for the […]
Read More
Indian Government Likely to Cover MTNL Bond Dues: Report Says
Mahanagar Telephone Nigam Limited (MTNL), a state-run telecom operator in India, recently announced its inability to pay interest dues on bonds. Struggling to grow its business, MTNL is not in a position to meet its bond obligations. However, a report from Business Standard indicates that the government will likely step in to pay the dues […]
Read More