Mahanagar Telephone Nigam Ltd
NSE: MTNL BSE: 500108
₹30.68
(-1.19%)
Thu, 26 Feb 2026, 09:11 am
Market Cap19.7B
PE Ratio0
Dividend0
Communications
Major Telecommunications
24.5KCompany History
1986
- Incorporated February 28 as public limited company under Companies Act, 1956.
- Took over Delhi and Mumbai Telephone Districts.
- Issued 1,500,000 14% and 10% redeemable non-convertible bonds publicly in November.
- Issued additional 750,000 bonds due to oversubscription.
- Privately placed 1,588,460 14% bonds.
- Issued shares to President of India, 5,999,984 without cash payment.
1987
- Allotted 112,133 14% and 1,926,327 10% bonds in February/March.
1995
- Converted junction network to fibre optic with SDH for self-healing.
1996
- Floated Rs 359.26 crore bonds (11th 'A' and 12th series) on private placement.
1997
- Introduced VAS: datacom, INET, DID/PABX, Voice Mail, Radio Paging, ISDN.
- Extended Phone Plus: dynamic locking, call waiting/transfer, hotline.
- Introduced IVRS, CD-ROM directory, online PC enquiry.
- Initiated WiLL, GSM mobile, B-CDMA pilot, smart payphones, DLC fibre.
- Introduced electronic clearing and bill payment system.
- Issued 700,000 equity shares as 350,000 GDRs at US $11.958 each.
1998
- Waiting list reduced to 1,047 Delhi and zero Mumbai.
- Proposed WiLL security deposit reduction to Rs 15,000 with bank guarantee.
- Approved JV with TCIL for basic and cellular services.
- Setting up networks in Kuwait and Comoros.
- Developing anti-tapping software.
- Launched first toll-free service in Delhi.
- Invited JV partners for cellular service with 51% stake.
- Implemented accounting system with TCS.
- GDR issue ranked top 10 international equity issues.
- Initiated restructuring and Rs 450 crore bond placement talks.
1999
- Proposed cash-and-stock deal to DoT.
- Proposed JV with TCIL for West Bengal and Jammu & Kashmir.
- Expanding WLL to 50,000 Mumbai and 10,000 Delhi subscribers.
- Released Phone Book 1999 directory.
- Proposed Rs 85 stock option price to DoT.
- Proposed GDR issue with NYSE listing.
2000
- Tied up with MasterCard for credit card bill payments.
- Soft-launched GSM mobile services in Delhi and Mumbai.
- Awarded Rs 32 crore Fixed Wireless Terminals contract for Delhi CDMA.
- Allied with American Express for co-branded credit card.
- Launched cellular service in Mumbai August 15.
- Setting up basic and cellular services in Nepal.
- Faced employee strikes demanding pay revision.
- Appointed Narendra Sharma as CMD.
- Opened two Mumbai customer service centres.
- Transferred ISP licence and business to Millennium Telecom.
2001
- Developed dedicated cellular operations division.
- Launched Dolphin cellular service in Delhi February 6.
- CMD Narinder Sharma received Millennium Man of the Year award.
- Planned 330,000 net switching capacity and 50,000 WLL lines.
- Tied up with Billjunction.com for online bill payments.
- Enabled Dolphin roaming facility.
- Tied up with WorldTel for Bangladesh basic services.
- Delhi High Court upheld Narinder Sharma's CMD appointment.
- Dolphin added 13,000 Mumbai subscribers in October.
- Allied with IDBI Bank for ATM and Internet bill payments.
2002
- Launched WLL service in Mumbai.
- Launched pre-paid cellular card 'Trump' with 50% lower tariffs.
- Government permitted MTNL and BSNL to compete in basic services.
- Set up ComSoft for communications software.
- IDBI Bank signed MoU for bill payments.
- Announced unlimited cell calls for Rs 1,900.
- Stock price hit nine-year low of Rs 95.
- Announced new codes for Delhi consumers.
- Stopped Trump pre-paid card sales.
2003
- Missed WLL-M expansion deadline in Delhi.
- Partnered with RailTel for OFC bandwidth.
- Announced free incoming calls.
- Formulated and approved VRS for employees.
- DoT signed MoU for 2003-04.
- TRAI rejected new WLL tariffs.
- Cut cellular tariffs and reduced CDMA rates by 50%.
- Awarded WLL-M handset contract to Kyocera.
- Partnered with Nokia and Samsung for WLL handsets.
- Received licence for telephone and ILD services in Mauritius.
- Launched Rs 100 monthly fixed line plan with free incoming and VCC outgoing.
- Narinder Sharma retired as CMD October 31; R. S. P. Sinha given officiating charge.
- Appointed A. K. Girotra and R. L. Dubey as ex-officio directors December 19.
- Launched 'Plan 160' and 'Economy Plan' for WLL.
2004
- Launched new schemes for ISDN subscribers.
- Unveiled SMS facilities on landlines.
- Bagged licences for telecom services in Mauritius and Kenya.
- Entered strategic alliance with BSNL for voice and data services.
- Announced Rs 160 monthly rental plan with no free calls.
- Awarded GSM line contract to Motorola.
- Launched leased line services from 64 kbps to 2 Mbps.
- Unveiled VAS for Mumbai landline customers.
2005
- Launched broadband services with BSNL from January 14 at Rs 500 per month.
- VRS closed January 31 with around 2,000 applications from 58,000 staff.
- Rolled out Rs 1,000 crore tender for 3G services.
- Red Hat partnered with MTNL's CETTM centre.
2006
- Received National Long Distance (NLD) licence.
- Teamed with Aksh Opticfibre for IPTV.
- Signed JV agreement with Software Technology Parks.
- Set to launch 3-in-1 services.
2007
- Appointed S. P. Pachauri as Director (HR) effective December 6.
- Planned tie-up with Novatium for Net access device.
- Set to acquire Sri Lankan Suntel.
- Received Rs 1,461 crore income tax refund.
2008
- Partnered with Contakt Tech Solutions for Express Alert VAS.
- Launched 3G services in Delhi.
2009
- Launched 3G services in Mumbai.
2010
- R. S. P. Sinha relinquished CMD charge; Kuldip Singh given additional CMD charge effective January 15.
2011
- Appointed Ashok Kumar Garg as Chairman and Managing Director.
2012
- Signed MoU with Welingkar Institute for telecom management programs.
- Shifted registered office to Mahanagar Doorsanchar Sadan, New Delhi.
2013
- Rs 3,000 crore guarantee space available for FY 2012-13.
- Introduced broadband video telephony service.
- Planned Rs 400 crore injection to increase 3G speed 6-fold.
2014
- Raised Rs 1,500 crore via bond sale to FIIs.
- Share price gained over 6% on BSNL merger reports.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800