Page 11 - Mtnl

Loss-making BSNL, MTNL fail to pay July salaries to 198,000 employees

Salary of employees is credited to their accounts on the last date of every month. However, this is for the second time the two companies have defaulted on payment of salaries this year

Tale of 2 PSUs: It's at least an 18-month wait before BSNL, MTNL are merged

HR and other issues need to be sorted out by the panel that will decide the fate of the two PSUs

Telecom firms owe over Rs 92,000 cr as licence fees till date: Centre to SC

Dues from Vodafone totalled Rs 19,823.71 crore while Reliance Communications owed a total of Rs 16,456.47 crore

Probe ordered into fire in MTNL, BSNL buildings in Mumbai, Delhi, Kolkata

The fire outbreaks - which occurred in all these buildings on the same day - were controlled by the fire departments, and no casualties were reported

Govt working out package for BSNL, MTNL: Ravi Shankar Prasad in Parliament

Ravi Shankar Prasad said the government is working on a proper package for improvement of state-owned telecom companies

BSNL may junk VRS plan; all future recruitments to be on contract basis

Future recruitment in the company would be on contractual basis, saving the company pension payment in the coming years

Govt considering Rs 74,000-crore bailout plan to revive BSNL, MTNL: Report

The plan offers an exit package to thousand of employees, including an additional 5% compensation to make the VRS attractive

Running on empty: BSNL, MTNL have no airwaves to give quality service

It has implications for the government's plans to expand Digital India to the poorest areas of the country

MTNL, BSNL won't be shut, revival plan under preparation: Minister Prasad

Both state-run firms are facing major financial stress due to stiff competiton and high employee costs

See no challenge in payment of April salaries to 22,000 employees: MTNL CMD

The comment assumes significance as distressed telecom PSUs MTNL and Bharat Sanchar Nigam Ltd (BSNL) are saddled with massive debt and have faced problems in clearing staff salaries in the recent past

Telecom dept to seek EC's nod before moving Cabinet on VRS for MTNL, BSNL

The VRS for BSNL and MTNL could have a revenue impact of Rs 6,365 crore and Rs 2,120 crore, respectively.

No more lifeline

Govt should either restructure or shut down telecom PSUs

MTNL will stay afloat even after service licence expires on April 6: DoT

The debt-laden company has to pay around Rs 11,000 crore for licence renewal and has written a series of letters to the DoT seeking a breather.

Is it RIP MTNL?

In a fiercely-competitive market can MTNL stay afloat or is it time we bid adieu to the public sector unit?

Fate of land assets worth Rs 20,000 crore to be decided on Wednesday

If the apex telecom panel allows the company to sell those land assets, MTNL would be able to slash its debt of Rs 20,000 crore

Debt-laden MTNL seeks DoT bailout to stay afloat, submits plan to govt

Bharat Sanchar Nigam, the other government-owned telecom company, has also made a bailout plea

MTNL Q3 standalone loss widens to Rs 832 crore, total expense rises

The loss during the third quarter of FY19 was a tad lower than losses sustained in the previous sequential quarter (ended September) of about Rs 859 crore

MTNL Q1 losses mount to Rs 9.43 bn, expenses increase to Rs 15.5 bn

MTNL scrip closed at Rs 15.45 a share on BSE, about 0.64 per cent lower than the previous closing

Deloitte submits report to DoT on revival of debt-ridden MTNL

MTN posted net loss of Rs 2,936 cr in last fiscal while its total income stood at Rs 3,654.6 cr

MTNL sees 50% landline users opting for broadband in 18 mths

At present, nearly 34 per cent of its fixed line customers are also its broadband subscribers