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MTNL to Launch 5G Services in Delhi by Diwali
Mahanagar Telephone Nigam Limited (MTNL) has announced that it will launch 5G services in Delhi by Diwali. The company is currently in the process of upgrading its network infrastructure to support 5G technology. MTNL's 5G services will be available to both postpaid and prepaid customers.
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MTNL Reports Net Loss of Rs. 1,519 Crore in Q1 FY24
Mahanagar Telephone Nigam Limited (MTNL) has reported a net loss of Rs. 1,519 crore in the first quarter of FY24. The company's revenue declined by 10.5% to Rs. 674 crore during the quarter. MTNL's losses have been attributed to higher operating costs and lower revenue from its wireline business.
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MTNL to Raise Rs. 1,000 Crore Through Bond Issue
Mahanagar Telephone Nigam Limited (MTNL) is planning to raise Rs. 1,000 crore through a bond issue. The bonds will have a tenure of 10 years and will carry a coupon rate of 8%. The proceeds from the bond issue will be used to fund the company's capital expenditure plans.
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MTNL bags Rs 2,485-cr deal to build 4G network for BSNL in rural areas
Mahanagar Telephone Nigam Ltd (MTNL) has bagged a Rs 2,485-crore deal to build a 4G network for Bharat Sanchar Nigam Ltd (BSNL) in rural areas.
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MTNL to raise Rs 1,000 crore through bonds
Mahanagar Telephone Nigam Ltd (MTNL) plans to raise Rs 1,000 crore through the issuance of bonds.
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MTNL to invest Rs 5,000 crore in 5G network rollout
Mahanagar Telephone Nigam Ltd (MTNL) plans to invest Rs 5,000 crore in rolling out a 5G network in Mumbai and Delhi.
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MTNL to invest Rs 2,000 crore in broadband infrastructure
Mahanagar Telephone Nigam Ltd (MTNL) plans to invest around Rs 2,000 crore in broadband infrastructure over the next two years to expand its network and improve services.
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MTNL launches new FTTH plans with speeds up to 1 Gbps
MTNL has launched new FTTH (fiber-to-the-home) plans with speeds up to 1 Gbps in Delhi and Mumbai.
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MTNL reports net profit of Rs 119 crore in Q3FY23
MTNL has reported a net profit of Rs 119 crore in Q3FY23, compared to a net loss of Rs 101 crore in Q3FY22.