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MTNL to submit its revival plan to DoT by August 2016

23 Jun 2016 Evaluate

In a bid to bring the loss making public sector undertaking (PSU) out of the red, MTNL is planning to submit its revival plan to the Department of Telecommunications (DoT) by August this year.

The plan includes partnering with state-run BSNL to provide equipment for its mobile services in Delhi and Mumbai circles as managed service provider on revenue sharing basis. The roadmap also includes expanding basic or fixed services network in partnership with private players on a revenue share basis.

MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.

Peers
Company Name CMP
Bharti Airtel 1782.50
Vodafone Idea 12.75
Indus Towers 381.20
Tata Communications 1669.25
Railtel Corp. India 253.20
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