- Mahanagar Telephone Nigam Ltd. will spend 13 billion rupees ($281 million) in capital expansion for the fiscal year beginning April 1 as the state-run telecommunications company seeks to expand its operations under global system for mobile communications technology, Chairman Kuldip Singh said Tuesday. http://online.wsj.com/article/SB10001424052748704804204575069102594214046.html?mod=WSJ_latestheadlines
- Close on the heels of Bharti Airtel's proposed foreign acquisition, telecom major Mahanagar Telephone Nigam Ltd (MTNL) is likely to acquire a small-sized foreign company in the near future. “As we have already kept the funds ready for the acquisition purposes, we may bid a small foreign company in the future,” said an MTNL official. http://www.indianexpress.com/news/MTNL-to-soon-take-a-call-on-foreign-buy/580656
- Mahanagar Telephone Nigam Ltd (MTNL), the public sector telecom firm which is offering lowest rates to attract more 3G users, said the rise in subscriber numbers in the next three months would offset the revenue loss incurred due to low tariff. http://www.dnaindia.com/money/report_3g-low-tariff-gambit-will-pay-in-3-months-mtnl_1348801
- MTNL shifts some NLD traffic to TTSL, sees savings of 55% http://www.moneycontrol.com/news/cnbc-tv18-comments/mtnl-shifts-some-nld-traffic-to-ttsl-sees-savings55_442241.html
