Page 4 - Mtnl

Signals of change

From the industry's perspective, the average revenue per user (ARPU) per month has been dropping annually, though things have been different after telcos raised tariffs

Select telecom stocks testing key supports; MTNL may soar 20%, charts show

The BSE Telecom index is likely to gain up to 3.50 per cent, as the index firmly holds the support around the 100-DMA, shows chart.

MTNL zooms 9% as govt defers merger with BSNL; stock up 26% so far in April

The merger of BSNL and MTNL, approved by the Union cabinet in October 2019, was a part of the revival package for both the telecom companies

Stocks to Watch: Zee Entertainment, IDFC, Titan, Godrej Consumer, MTNL, HAL

Shares of state-run telecom firm MTNL will be in focus as the the government has deferred the merger of BSNL and MTNL due to financial reasons.

Rs 23K-cr BSNL, MTNL assets to be monetised

In the first phase of monetisation, 11 assets of BSNL valued at Rs 18,200 crore, and six assets of MTNL worth Rs 5,158 crore have been approved for monetisation

Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs

PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.

Parl panel pitches for carving out MTNL's debt, assets worth Rs 26,500 cr

DoT should consider carving out MTNL's debt and assets worth over Rs 26,500 crore into a special purpose vehicle and then merge its operations with BSNL, according to a Parliamentary panel

Stocks to Watch: MTNL, Sun Pharma, Airlines, Adani Ports, Bharat Forge

MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.

Top headlines: US bans Russian crude import; India evacuates students

International rating agency Fitch Ratings has downgraded Russia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'C' from 'B'

Centre likely to relax some norms for asset sale of BSNL, MTNL

Government-appointed consultants were asked to determine changes that are needed to be made

Disconnected lines

Public sector telcos continue to lose ground

MTNL posts Rs 659 crore loss in December quarter

State-run telecom company MTNL on Monday reported widening of consolidated loss to Rs 659.28 crore in the third quarter ended December 2021. The company had posted a loss of Rs 637.78 crore in the same period a year ago. The consolidated revenue from operations of MTNL declined by about 16 per cent to Rs 303.56 crore during the reported quarter from Rs 360.49 crore in the December 2020 quarter.

These three stocks from BSE SmallCap index have zoomed over 100% in a month

Shares of Urja Global were locked in the upper circuit for the 15th straight day, up 5 per cent at Rs 18.66, quoting at an all-time high level on the BSE.

Telecom stocks rally as DoT announces planned 5G rollout in 13 cities

Voda Idea was the major gainer among the leading telecom stocks, up over 2 per cent; MTNL and TTML were locked at their respective upper limits

MTNL zooms 117% in December, trades at its highest level since June 2014

Till 10:21 am; a combined 4.9 million equity shares had changed hands and there were pending buy orders for 4.74 million shares on the NSE and BSE

This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now

The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018

Salaries of BSNL, MTNL staff paid till November: MoS Communications

For BSNL and MTNL, stiff competition and absence of 4G services (except in a few locations for BSNL) are eroding their competitive strength, the minister said

After 11 years of struggle, MTNL headed higher; Vodafone may see 40% jump

The slew of developments in the telecom space over the past few weeks have brought back investors' interest in this sector. Most stocks should do well over the next few sessions, tech charts show

Non-core asset monetisation: Govt invites bids to sell 6 BSNL, MTNL assets

Non-core asset monetisation commences with the first set of six properties of BSNL/ MTNL bid out on the MSTC portal, tweets DIPAM Secretary

MTNL loss widens to Rs 654.56 crore in September quarter

State-owned telecom firm MTNL Friday reported widening of consolidated loss to Rs 654.56 crore in the September quarter, mainly due to decline in revenue from operations and increase in finance cost