Last 30.25 INR
Change Today -2.40 / -7.35%
Volume 3.1M
MTNL On Other Exchanges
Natl India
As of 7:06 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

mahanagar telephone nigam (MTNL) Snapshot

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52 Week High
06/25/14 - 39.10
52 Week Low
12/20/13 - 13.00
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mahanagar telephone nigam (MTNL) Details

Mahanagar Telephone Nigam Limited provides telecommunication services primarily in Delhi and Mumbai. It offers various telecom services that include fixed telephone services; 3G, GSM, and CDMA based mobile services; Internet and broadband services; universal access number services; data center services; ISDN services; and leased line services; fiber to the home services; enterprise and network services; virtual private network services; and value added services, such as IPTV, VoIP, netPC, and PC-protection services. The company also provides fixed, mobile, international long distance, and Internet services to customers in Mauritius. Mahanagar Telephone Nigam Limited was founded in 1986 and is based in New Delhi, India.

36,523 Employees
Last Reported Date: 09/7/14
Founded in 1986

mahanagar telephone nigam (MTNL) Top Compensated Officers

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mahanagar telephone nigam (MTNL) Key Developments

MTNL To Sell Millennium Telecom To BSNL

Mahanagar Telephone Nigam Limited (BSE:500108) (MTNL) to sell its 50% stake in Millenium Telecom Ltd to Bharat Sanchar Nigam Ltd. (BSNL). Director MTNl said, "We've offered a 50 per cent stake in our subsidiary to BSNL as we believe Millennium with its reduced tax burden will be more competitive than either its parent or BSNL to deliver low-cost citizens' services." MTNL said in a internal presentation to Rakesh Garg, Telecom Secretary that "it is in the company's and BSNL's long-term interest to develop MTL as an equally owned enterprise business company" for delivering citizen services under the Digital India project, which can put both struggling telecom companies." A top BSNL executive said "the company is evaluating MTNL's stake offer in MTL." MTNL said it had communicated the internal valuation of its 50 per cent stake in Millennium Telecom to BSNL, but declined to provide details.

Mahanagar Telephone Nigam Limited Reports Standalone Unaudited Earnings Results for the First Quarter Ended June 30, 2014

Mahanagar Telephone Nigam Limited reported standalone unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company had loss after tax of INR 7,332.3 million against INR 12,562.1 million a year ago. Net income from operations before other income, finance costs and exceptional items was INR 4,245.7 million against INR 9,869.8 million a year ago. Loss before tax was INR 7,332.3 million against INR 12,562.1 million a year ago. Total income from operations was INR 8,560.2 million against INR 8,831.6 million a year ago.

Mahanagar Telephone Nigam Limited, Board Meeting, Aug 14, 2014

Mahanagar Telephone Nigam Limited, Board Meeting, Aug 14, 2014. Agenda: To discuss quarterly results.


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