The promoters holding in the company stood at 56.25% while Institutions and Non-Institutions held 22.67% and 16.61% respectively. Mahanagar Telephone Nigam (MTNL), the state owned telecom firm which operates in Delhi and Mumbai, is likely to sign a pact with another state-run unlisted telecom services provider BSNL to utilise each others network for providing pan-India mobile services.
As per the agreement, the company would use the network of BSNL only for national roaming service for its subscribers except in Delhi and Mumbai, while BSNL will only use MTNL network for roaming services to its customers in Delhi and Mumbai.
MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.
As per the agreement, the company would use the network of BSNL only for national roaming service for its subscribers except in Delhi and Mumbai, while BSNL will only use MTNL network for roaming services to its customers in Delhi and Mumbai.
MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.
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