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MTNL’s mobile subscriber base declines by 100,000 in August

17 Sep 2012 Evaluate

Mahanagar Telephone Nigam (MTNL), state owned telecom firm which operates in Delhi and Mumbai, has lost 100,000 customers during the August month of 2012. Following the said reduction, the company’s total subscriber count stood at 5.12 million with a market share of 0.76%.

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 1741.00
Vodafone Idea 12.65
Indus Towers 376.00
Tata Communications 1685.50
Railtel Corp. India 257.20
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