Mahanagar Telephone Nigam Ltd Company History

On 28th February Mahanagar Telephone Nigam Ltd. was incorporated as a

Public Limited Company under the Companies Act, 1956. The company has

been set up to take over the management, control and operation of Delhi

Telephone District (Excluding public telegraph service) and Mumbai

Telephone District of the Department of Telecommunications and to plan,

establish, develop, provide, operate and maintain all types of

telecommunication services including Telephone, telex, wireless, data

communication, telematic and other like forms of communication.

One of the important objectives of the company is to raise the

necessary finance to meet its own developmental needs and also that of

the telecommunications board of the Department of Telecommunication.

The Main objectives and aims of Nigam are as follows: (1) To upgrade

the quality of telecom services (2) To expand telecom (3) To raise

necessary financial resources (4) To provide new telecommunication

services, particularly needed by the business community and public

administration such as Cellular Mobile Radio Telephone, Radio Paging,

Fascimile Videotex, Teletex, Electronic Mail etc. (5) To invest in

Human Resource Development (6) To organise and dovetail the training

programmes.

During November, the Mahanagar Telephone Nigam Ltd. offered

15,00,000-14% and 10% secured redeemable non-convertible bonds of Rs

1,000 each for public subscription to partly meet the fund requirements

of the capital expenditure programmes of the MTNL and DOT envisaged for

the year 1986-87. - Additional 7,50,000 bonds were issued to retain

over subscription. 15,88,460-14% secured redeemable bonds were

privately placed with the financial institutions and banks.

All shares issued to President of India and of which 59,99,984 shares

were issued without payment in cash.

1,12,133-14% and 19,26,327-10% bonds of Rs 1000 each were allotted in

February/March. The 14.0% and 10.0% bonds are redeemable after the

expiry of 7 years and 10 years respectively from the date of allotment.

The entire junction network in the system was fibre based on a step

to provide self healing machanisms to be built in the System through

induction of SDH technology.

The Company floated on private placement basis 11th `A' part and 12th

Series of bonds aggregating Rs 359.26 crores for the developmental

programmes of the department of telecommunications.

The Company took various steps to provide a host of value added

services like datacom, inet, DIDPABX, Voice Mail, Radio Paging and

ISDN.

In addition to phone plus facilities like dynamic locking, call

waiting/call transfer, hot line etc. were extended to valued customers.

Apart from this IVRS (Interactive Voice Response System) like local

assistance changed number information, and falut booking system

ensuring round the clock service, a CD-ROM version of the telephone

directory and an on-line directory enquiry through PC was introduced

during the year.

The Company undertook to provide, wireless in the local loop in

Mumbai and Delhi, GSM Mobile Telephone in Delhi and Mumbai, B.CDMA

pilot project, Induction of Smart Payphone and introduction of DLC

optical fibre borne system.

Payment of bills was made hassel free with the introduction of

electronic clearing system and customer service management system for

on-line payment and adjustment of telephone bills.

The Company issued 7,00,000 No. of equity shares representing

3,50,000 GDRs (1 GDR = 2 shares) at a price of US $ 11.958 per GDR.

As on 31st March, the waiting list of the MTNL has 1047 in Delhi and

Nil in Mumbai due to its sustained efforts and timely implementation of

various projects.

Mahanagar Telephone Nigam Ltd is considering a proposal to reduce the

security, a Wireless in Local Loop (WiLL) subscriber has to pay to Rs

15,000 from Rs 25,000.

MTNL has proposed that a WiLL subscriber's bank can stand guarantee

for this security, effectively ensuring that there is no real outflow

from the subscriber's pockets.

The Mahanagar Telephone Nigam Ltd (MTNL) board has approved a

proposal for setting up a joint venture company with the Telecom

Consultants India Ltd (TCIL) for operating basic and cellular services.

The Company is setting up a network in Kuwait. The project was

awarded to TCIL in June 1997. In Comoros, the company is using C-DoT

exchanges for the telecom network.

The Mahanagar Telephone Nigam Ltd (MTNL) is developing a software to

protect customers from telephone tapping and reading by external

sources.

Mahanagar Telephone Nigam Ltd (MTNL) launched the country's first

toll-free service in Delhi.

The company will be advertising to select an international joint

venture (JV) partner for its cellular phone service; MTNL will have a

51 per cent equity stake in the new company.

MTNL will set up an integrated commercial accounting system with help

from Tata Consultancy, Services.

The state-owned Mahanagar Telephone Nigam Ltd (MTNL) is all set to

give a run to private cellular operators for their money by launching a

"low-tariff" mobile telephone service to cater to the salaried

middle-class and students.

Within a few weeks of listing, the MTNL (Mahanagar Telephone Nigam

Ltd) GDR issue was voted as one of the top 10 Best International Equity

Issue in 1997 in a poll conducted by Euroweek's International Equity

Review, the respected international business publication.

In the polls, MTNL secured the awards of the 10th best international

equity issue of 1997; fourth best Asian equity issue of 1997; and

second best Indian equity issue of 1997.

Mahanagar Telephone Nigam Ltd., is undertaking a restructuring plan

to ward off competition and streamline costs.

Mahanagar Telephone Nigam Ltd (MTNL) is holding parleys with banks,

FIs and mutual funds for making a private placement of bonds worth

Rs.450 crore.

Mahanagar Telephone Nigam (MTNL) has proposed a cash-and-stock deal

to the Department of Telecommunications (DoT).

Mahanagar Telephone Nigam Ltd (MTNL) has proposed a joint venture

with Telecom Consultants India Ltd (TCIL) to become the second basic

telecom services provider in West Bengal and Jammu and Kashmir.

The Department of Telecommunications (DoT) and Mahanagar Telephone

Nigam Ltd (MTNL) have shot down the Delhi and Mumbai cellular

operators' proposal for an out-of-court-settlement of the litigation of

MTNL's entry into cellular services.

Mahanagar Telephone Nigam Ltd (MTNL) on Tuesday entered into direct

competition with another state owned public sector unit Videsh Sanchar

Nigam Ltd (VSNL) for Internet services by offering a 15 per cent lower

tariff.

International telecommunications provider Videsh Sanchar Nigam

Limited (VSNL) will enter the national long distance telephony segment

when it is opened up for competition in 2000.

Mahanagar Nigam Telephone Ltd (MTNL) on Wednesday released the new

telephone director called Phone Book 1999 after a gap of four years.

The MTNL Board has proposed a stock option price of around Rs. 85 per

cent share to the department of telecommunications (DoT) as against the

market price of around Rs. 85 per share to the department of

telecommunications (DoT) as against the market price of around Rs. 170

before the recent political upheaval.

State-owned Mahanagar Telephone Nigam Ltd is expanding the wireless

in local loop (WLL) network, both in Mumbai and Delhi up to 50,000 and

10,000 subscribers respectively. In Delhi, they are expanding the

network to 10,000 from the existing 1,000 subscribers. In Mumbai the

network would be expanded to 50,000 subscriber.

Mahanagar Telephone Nigam Ltd (MTNL) has proposed that the government

should dovetail its disinvestment programme of a $100 million Global

Depository Receipt (GDR) issue with the company's plan to become the

first Indian firm to be listed on the New York Stock Exchange (NYSE)

within the next three months.

Mahanagar Telephone Nigam Ltd (MTNL) tied up with MasterCard

International to pioneer the acceptance of credit cards for payment of

telephone bills.

The Company will do the soft launch of its GSM-based monbile services

in Delhi and Mumbai.

The Company is likely to be listed on New York Stock Exchange next

month with the public sector telecom giant getting clearance from the

bourse.

The Company has proposed increase in the pulse rate of local call for

the internet usage to five minutes from three minutes to make internet

usage affordable.

The Company will launch its cellular service in Mumbai from August

15.

The Company has awarded the Rs 32 crore contract for Fixed Wireless

Terminals for its CDMA network in Delhi.

The Company and American Express travel related services entered into

alliance for india's first co-branded telecom credit card MTNL American

Express credit card. - The company will mull a tie-up with portals

rediff.com and satyamonline.com at a meeting.

The Company has setting up both basic and cellular services in Nepal.

Telecom services in the national capital of Mumbai were partially

affected due to one day token strike by non-executive employees of the

company demanding revision of pay scales, perks and allowances.

The Employees of the Company in New Delhi went on a one-day strike on

4th June demanding revision of pay scales and perks. The staff

threatened to go on an indefinite strike from July 11.

The Proposed strike of the Company staff unions has been deferred to

21st July.

The state owned Mahanagar Telephone Nigam Ltd. will set up a

submarine cable landing station.

The company has to explore possibility of entering a joint venture

with another state owned company Videsh Sanchar Nigam for just opened

Long Distance telephony.

Narendra Sharma has been appointed as the new chairman and managing

director of the company.

The company has opened two additional customer service centres at

Chembur in Mumbai.

The Company will expand its "common man" mobile telephone network by

50,000 new lines in the current financial year.

Mahanagar Telephone Nigam Limited to launch its cellular phone

service in Mumbai in January next with a subscriber capacity of

1,00,000 lines.

Mahanagar Telephone Nigam Ltd. has transferred its Internet Service

Provider Category-A licence as well as Internet business to its

subsidiary, Millennium Telecom.

MTNL is to develop a dedicated division to spearhead its cellular

operations in Delhi and Mumbai.

Mahanagar Telephone Nigam Limited (MTNL) will introduce a cash card

for its cellular subscribers within two months of starting its cellular

Operations on Jan. 31.

The Company Chairman Narinder Sharma has bagged the international

"Millienium Man of the Year" award, instiutted by the international

award committee of Wisitex Foundation.

Dolphin, the much-awaited cellular service of MTNL, was launched in

Delhi on 6th Feb.

The Company proposes to provide additional net switching capacity of

3.30 lakh lines and to deploy 50,000 lines of CDMA-based WLL technology

during the year 2001-02.

The Company and Videsh Sanchar Nigam Limited have both signed

memoranda of understanding with the Department of Telecommunications

outlining their performance agenda for the coming financial year.

The Company has tied up with Billjunction.com to provide online bill

presenting and payment facility to its customers.

The Company will have a roaming facility in its cellular service,

Dolphin, by the end of this month

The Company has tied up with WorldTel to offer basic telecom services

in Bangaladesh as part of the corporation's proposed move to diversify

into overseas operations.

Mahanagar Telephone Nigam Limited (MTNL) has roped in ICRA to chart

out a strategy to leverage the human resources of the telecom company

The Delhi High Court has upheld the appointment of Narinder Sharma as

chairman-cum-managing director of MTNL, saying there was no merit in a

writ petition challenging it.

Dolphin, the cellular service promoted by State-owned telecom

operator MTNL, seems to be catching on.In October, Dolphin registered

13,000 new subscribers in Mumbai, increasing its base to 33,000.

Around 30 per cent of these new connections have defected to Dolphin

from incumbent cellular operators, Orange or BPL, according to MTNL

officials.

IDBI Bank has forged an alliance with MTNL in Delhi to help the account holders of the bank to pay their phone bills through ATMs and Internet.

Announces its launch of Wireless in Local Loop (WLL) service in Mumbai

Launches its pre-paid cellular card "Trump" with tariffs 50 per cent lower than that of the private players in Delhi and Mumbai

Govt. pemits MTNL, BSNL to compete in basic services

Sets up a new software venture called ComSoft for developing communications software, as a part of its strategy to offer value-added communications software in e-commerce, e-governance and intelligent networking

IDBI Bank signs MoU with MTNL for bill payment

Announces unlimited cell calls for Rs 1900

MTNL stock price records nine-year-low of Rs 95

Announces new codes for MTNL consumers in Delhi

MTNL stops sales of its pre-paid card Trump

Misses WLL-M expansion deadline in Delhi

Partners with RailTel Corporation of India Ltd. to offer telecom bandwidth vide optical fibre cable (OFC) along its track network

Announces free incoming calls

Formulates VRS for employees

Department of Telecommunications (DoT) signs Memorandum of Understanding (MoUs) for 2003-04 with Mahanagar Telephone Nigam Ltd (MTNL)

Slashes number of free calls

Forms Joint Venture with VSNL and Telecommunications Consultants India Ltd (TCIL) to provide Basic & WLL telephone services in Nepal

Trai rejects MTNL's new WLL tariffs

Cuts down cellular tariffs to take on private sector competition

Awards WLL-M handset contract to Kyocera of Japan

Reduces tariff rates by 50% on CDMA services

Shelves global long distance plan

Approves VRS for its employees

Gets licence for providing telephone service and ILD services in Mauritius

Joins hands with Nokia, Samsung for WLL handsets

Launches new tariff plan where the monthly rental will be Rs 100 and the call charges will be Rs. 1.90 per minute

Launched a new scheme offering a fixed line telephone connection for Rs 100 per month, on which the customer can access free incoming calls. For outgoing calls, the customers will have to use Virtual Credit Cards (VCC). Thus, the offer introduces a hybrid post-paid cum prepaid arrangement for a fixed line phone.

1. Shri Narinder Sharma - ceased to be CMD wef October 31, 2003 on retirement from service on attaining the age of Superannuation.

2. Shri R S P Sinha - Director (F) has been entrusted the officiating charge of the post of CMD for a period of 3 months wef November1, 2003.

3. Shri I C Srivastava - ceased to be the Director wef October 8, 2003 due to death

4. Shri P C Rawal - ceased to be the Director wef October 29, 2003

5. Dr J S Sarma - appointed as Govt. Director in place of P C Rawal wef October 29, 2003

6. Smt Monika Arora - tendered her resignation wef November 11, 2003 and ceased to be the director from the said date.

MTNL has come out of its "negative trap" with its fixed-line subscribers outgrowing surrenders, even as it launched a new scheme, 'Plan 160', for basic telephony subscribers.

MTNL has informed that Shri AK Girotra and Shri RL Dubey, Executive Director Delhi and Mumbai respectively have been appointed as ex-officio directors on the Board of MTNL wef December 19, 2003

MTNL unveils 'Economy Plan' for WLL services

MTNL launches new schemes for ISDN subscribers

MTNL unveils SMS facilities on its landlines for its customers

MTNL bags licence to offer telecom services in Mauritius, Kenya

MTNL and BSNL have entered into a strategic alliance, under which the two public-sector telecom companies will jointly offer their voice and data services

MTNL Ltd. has informed that Sh. A. K. Girotra, and Sh. R.L. Dubey, Executive Director, Delhi and Mumbai respectively have been appointed as ex-officio directors on the Board of MTNL w.e.f. December 19, 2003.

Mahanagar Telephone Nigam Ltd (MTNL) on January 09, 2004, announced a special tariff plan for basic service users with Rs 160 monthly rental aiming at low end users. Under this special plan, there would be no free calls as available under other tariff packages.

ITI queries on MTNL deal with Huawei

MTNL bags award for excellence in cost reduction

MTNL awards GSM line contract for Motorola

Mahanagar Telephone Nigam has launched new leased line services, with both 'full' and 'compressed' bandwidth circuits, for port speeds ranging from 64 kpbs to two mbps

MTNL join hands with BSNL to target corporate clients

MTNL unveils value added services (VAS) for landline customers in Mumbai

Consumers will get access to high-speed Internet services from Jan 14, onwards for as low Rs 500 a month, with Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd launching its broadband services across the country.

Mahanagar Telephone Nigam Ltd's latest voluntary retirement scheme, which closed on January 31, 2005, has somewhat come a cropper with only around 2,000 employees, out of its total staff of around 58,000, applying for it.

MTNL rolls out Rs 1,000 cr tender for 3G services

Red Hat partners with MTNL's CETTM centre

NLD licence for MTNL

MTNL teams up with Aksh Opticfibre for IPTV

MTNL & Software Technology Parks signs JV agreement

MTNL set to launch 3-in-1 services

Mahanagar Telephone Nigam Ltd (MTNL) has appointed Shri. S P Pachauri as Director (H R) on the Board of MTNL w.e.f. December 06, 2007.

MTNL to tie up with Novatium for Net access device

MTNL all set to buy Sri Lankan Suntel

MTNL gets Rs 1,461 crore I-T refund

Mumbai: Mahanagar Telephone Nigam Ltd has joined hands with Contakt Tech Solutions India for Express alert, a new value added service for MTNL subscribers

MTNL ha launched the next generation 3G technology-based telecom services in Delhi. The service was inaugurated by Prime Minister Manmohan Singh by receiving a video call from Telecom Minister A Raja, who was also present at the function.

Mahanagar Telephone Nigam Ltd has joined hands with Contakt Tech Solutions India for Express alert, a new value added service for MTNL subscribers. MTNL's customers will get astrology, news, stock, etc alerts by subscribing to these services.

MTNL to launch 3G Services in Mumbai

Mahanagar Telephone Nigam Ltd (MTNL) has informed BSE that Shri R. S. P. Sinha, Chairman & Managing Director (CMD), MTNL has relinquished the charge of the CMD and Shri Kuldip Singh, Director(technical), MTNL has been given the additional charge of the post of Chairman & Managing Director (CMD), MTNL with effect from January 15, 2010.

Shri. Ashok Kumar Garg, Director(HRD), BSNL, has been appointed as Chairman & Managing Director, Mahanagar Telephone Nigam Ltd.

Mahanagar Telephone Nigam Ltd (MTNL) has signed a MoU with Welingkar Institute of Management Development & Research (Welingkar) to introduce two management programs for the telecom sector.

Registered Office of the Company has been shifted from Jeevan Bharti Building Tower - I, 12th Floor, 124, Connaught Circus, New Delhi 110001 to Mahanagar Doorsanchar Sadan, 5th Floor, 9, CGO Complex Lodi Road New Delhi - 110003.

The Company has conveyed that guarantee space for Rs. 3000 crore is available for MTNL to be utilized in the financial year 2012-13.

MTNL introduces broadband technology-based video telephony service

MTNL to inject Rs 400 cr to increase 3G speed 6-fold

MTNL taps FIIs, raises Rs 1,500 cr via bond sale

MTNL gains over 6% on reports of merger with BSNL.