MoneyWorks4Me

MTNL has approached the government with a proposal to monetise surplus land and reduce debt. The debt laden company has up to Rs 5,000 crore worth of real estate that can be monetised readily.

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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