MTNL to invest on wireless, broadband |
By e4p Correspondent, Monday, April 20, 2009, 15:56 Hrs [IST] |  |
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Category: Telecom | Tags: MTNL current fiscal, broadband business, MTNL new subscribers | Share:  |
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Mahanagar Telephone Nigam Ltd (MTNL) plans to spend Rs 1,724 crore during the current fiscal. A major part of the investment is being planned to boost the wireless and broadband business of the company.
Of the total expenses planned around Rs 200 crore would be spent on laying optic fibre lines in Delhi and Mumbai.
MTNL plans to add 10 lakh new subscribers this year. The new subscriber additions will include both 2G (second generation) and 3G (third generation) users. At present, MTNL has around 40 lakh customers in Delhi and Mumbai.
Source : ProjectsToday
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