State-owned telco Mahanagar Telephone Nigam Ltd (MTNL), which offers fixed and mobile services in Mumbai and Delhi, has posted a 25% decline in fiscal second quarter net profit to INR1.21 billion (USD26.8 million) attributed to stiff competition and regulatory changes, including a reduction in access deficit charges (ADCs). Total revenues declined 5% to INR13.77 billion in the three months ended 30 September. MTNL ended September with 3.76 million fixed line customers (including WiLL fixed users) and 80,355 million WiLL mobile subscribers. Broadband customers reached 323,329 and the mobile subscriber base reached 2.29 million.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors