Business Daily from THE HINDU group of publications
Saturday, Oct 28, 2006
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Financial Performance
Corporate Results - Telecommunications
Info-Tech - New Products & Services
Get Latest BSE Quote
MTNL extends `One India' plan to entire country

Our Bureau

Second quarter profit down 25 pc at Rs 121 cr


Wider coverage
No free calls; subscriber has to make a fresh application to migrate to the new tariff
Calls to MTNL/BSNL subscriber will be charged at Re 1 for 3 minutes
Calls to private operators' subscriber will be at Re 1/per minute


MR R.S.P. SINHA, Chairman and Managing Director, MTNL, addressing a press conference in the Capital on Friday. — Kamal Narang

New Delhi , Oct. 27

Even as its profits plummeted 25 per cent during the quarter ended September 30, Mahanagar Telephone Nigam Ltd on Friday announced STD tariffs of Re 1 per minute for calls made to any part of the country under the One India plan.

Earlier, MTNL had introduced One India tariffs for calls between Delhi and Mumbai only. The move comes after a similar tariff cut by the other state-owned telecom major Bharat Sanchar Nigam Ltd.

However, unlike the BSNL tariff plan, MTNL is not offering any free calls under the scheme. While BSNL had made the plan available for all its subscribers having the Rs 180 monthly rental plan, MTNL subscribers will have to apply separately to avail themselves of the new tariff.

Calls to other networks

Under the MTNL One India plan, subscribers making local calls to another MTNL or BSNL subscriber will be able to make local calls at Re 1 for a three minute call compared to Rs 1.20 for a three minute call at present. However, local calls to a private operators' subscriber has got dearer under this scheme at Re 1 per minute compared to Re 1.20 for three minutes under the exiting schemes.

Inter-circle STD calls to private operators' network will be available for Re 1 per minute. The new tariffs will be applicable from November 1. International long distance calls to the US, UK, Canada and South East Asian countries will be available for Rs 6.6 per minute.

Results

Meanwhile, the board of directors of MTNL on Friday took on record the unaudited financial results for the second quarter ended on September 30.

MTNL has posted a net profit of Rs 121 crore as compared to Rs 162.5 crore during the corresponding quarter of the previous year.

The company's income from services dipped to Rs 1,220 crore during the second quarter of 2006-07 as compared to Rs 1,276 crore during the corresponding quarter of previous year.

Income from mobile services went up from Rs 128 crore to Rs 182 crore, which is a 42.02 per cent increase.

More Stories on : Financial Performance | Telecommunications | New Products & Services | Mahanagar Telephone Nigam Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Hiring

Stories in this Section
Heavy rainfall in South on cyclonic circulation


4 pvt equity firms pick 24% stake in Idea
Air India, Indian merger may add Rs 1,200 cr to kitty
44 new SEZs approved
Bharti Airtel net 79% higher in Q2
MTNL extends `One India' plan to entire country
Shifting of frequencies: Radio Mid-Day moves SC against tribunal ruling
Oyzterbay ties up with Rajesh Exports
Strike hits clearing operations
Third-party vending biz is new revenue source
Decision on support price for wheat, mustard put off
Sensex jumps 208 points on FII inflows, heavy buying
Doktas: Finnish firm also in race
IKF Tech: Betting on expansion



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line