The non-compliances of Mahanagar Telephone Nigam relate to its Board composition, including the absence of a woman director, and the improper constitution of key committees
Stocks to Watch, August 19, 2025: From RIL to Vedanta, here are a few stocks that will be eyed by investors and traders; check the full list
State-run telecom operator MTNL owes seven PSU banks; the bulk of its debt lies in sovereign-guaranteed bonds
State-owned telecom service provider BSNL on Friday announced the soft launch of 4G network in the national capital. The 4G services will be available to users through a partner's network access arrangement, BSNL said in a statement. "The Delhi soft launch is delivered as a 4G-as-a-service through a partner's network access arrangement that provides last-mile radio coverage on compatible 4G devices, with BSNL SIMs. This approach complements BSNL's nationwide 4G build under its indigenous rollout programme," the company said. With this BSNL new customers will get instant 4G availability across Delhi on supported handsets. The customers can get SIM and eKYC done at BSNL and MTNL customer service centres and authorised retailers. "Starting today, new BSNL customers in Delhi can switch on dependable BSNL 4G for voice and high-speed data. We're using the 4G-as-a-service model to ensure citywide coverage immediately, while building parrallely our own indigenous network," BSNL CMD A Rober
MTNL stock seems favourably placed on the short-term charts. Can the recent flow at the counter help it breakout on the long-term chart or will it falter? Here are the key levels to watch out for.
The banks include Union Bank of India, Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Punjab and Sind Bank, and Indian Overseas Bank
A high-level committee has outlined the framework for the transfer of surplus land and buildings of telecom PSUs BSNL, MTNL and ITI to central government organisations without auction. The proposal was cleared at a meeting of Committee of Secretaries in June, which also decided that any central government organisation keen on acquiring any such property would be required to submit their interest, along with stipulated approvals and a deposit (2 per cent earnest money deposit) of the indicative value to register their claim. This process needs to be completed within 90 days from the notification of the asset on the asset monetisation website. Central government organisations will enjoy the right of first refusal, but after 90 days of notification, Bharat Sanchar Nigam, Mahanagar Telephone Nigam and ITI will be free to dispose of the property to any other non-government buyer. "As per Government policy, surplus land/building assets of PSUs of DoT are being monetised...In a recent ...
Jio added 2.7 million mobile and FWA users in May to reach 472.4 million, while Airtel gained just 275,000 subscribers, Trai data show
The total number of telecom subscribers in India grew marginally to 120.7 crore in May with Reliance Jio and Bharti Airtel adding over 99 per cent new customers during the month, according to data published by sector regulator Trai on Friday. The total net subscriber addition by telecom service providers was 43,58,231 while Reliance Jio and Bharti Airtel jointly added 43,51,294, thereby accounting for 99.84 of the total net subscriber addition in May. The overall growth in subscriber base was mitigated by loss of subscribers by debt-ridden Vodafone Idea (Vi) and public sector firms BSNL and MTNL. The total telecom subscriber base in the country grew to 120.7 crore with landline connection growing by 3.34 per cent to 3.86 crore and mobile connections rising to 116.84 crore in May. The total subscriber base in April was 120.3 crore. Reliance Jio dominated the mobile subscriber base, comprising 5G FWA (fixed wireless access) connections, with 40.92 per cent share with net addition of
MTNL shares spiked 5 per cent in trade today, in past one year, MTNL shares have gained 25 per cent as compared to Sensex's rise of around 8 per cent.
Cabinet Secretary TV Somanathan has called a meeting of various stakeholders next week to find a way out for the state-run MTNL, which has defaulted on bank loans
BSNL and MTNL have needed state support but their financial trajectories are now diverging
MTNL shares rise 7 per cent after DoT once again approached the finance ministry seeking funds to repay the liabilities of the company
The total outstanding dues to the PSBs of MTNL is Rs 8,415.55 crore
India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base
Debt-ridden state-owned telecom operator MTNL has failed to make interest payments of sovereign guarantee-backed Rs 6,100 crore bonds as per stipulated norms, the company said in a regulatory filing. MTNL issued 5,000 government-guaranteed, unsecured, rated, listed, redeemable, non-convertible, and taxable bonds in the nature of debentures for an aggregate amount of Rs 6,109.6 crore in November 2022. As per the payment mechanism of the Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT) and Beacon Trusteeship, MTNL has to fund the semi-annual interest into an escrow account with an adequate amount 10 days before the due date. "...it is informed that due to insufficient funds MTNL could not fund the ESCROW Account with the adequate amount," the state-owned firm said. As per the terms of the bond agreement, the sovereign guarantee will be invoked by the debenture trustee in case of any default is made by MTNL in payment of principal and interest
With this the amount of outstanding borrowings from Banks/Financial Institutions stand at ₹8,346 crore
State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,346.24 crore from seven public sector banks, the company said in a regulatory filing. The loss-making public sector telecom firm's total debt obligations reached Rs 33,568 crore as on March 31, 2025, according to the filing dated April 19. The total loan default includes Rs 3,633.42 crore of debt raised from Union Bank of India, Rs 2,374.49 crore of Indian Overseas Bank, Rs 1,077.34 crore of Bank of India, Rs 464.26 crore Punjab National Bank, Rs 350.05 crore from State Bank of India, Rs 266.30 crore from UCO Bank and Rs 180.3 crore along with principal and interest payment. The defaults in loan payment have occurred between August 2024 to February 2025. The total debt on the company comprises Rs 8,346 crore bank loan, Rs 24,071 crore sovereign guarantee (SG) bond, and loan of Rs 1,151 crore from Department of Telecom (DoT) for paying SG bond interest, according to the filing.
The Minister of Communications attended a meeting organised at the Sahyadri Guest House here on the BSNL's assets in Mumbai and the communication system in Maharashtra
Shares of Reliance and Airtel are in focus amid the Starlink deal; while MTNL too was in limelight on land monetisation news. Here are the key levels to watch out on these 3 telecom stocks.