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MTNL investing Rs 190 crore to upgrade services

21 May 2018 Evaluate

Mahanagar Telephone Nigam (MTNL) is investing Rs 190 crore to upgrade its services and may also get 4G spectrum, which will support the company to stay relevant in the highly competitive market.

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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