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Mahanagar Telephone Nigam Limited - ADR
Company Snapshot
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Business Description:
Mahanagar Telephone Nigam Limited - ADR operates in the Telephone communications, exc. radio sector. Mahanagar Telephone Nigam Limited (MTNL) provides fixed-line and other basic telecommunications services in Delhi and Mumbai. As of March 31, 2010, its fixed-line telecommunications networks in Delhi and Mumbai had an aggregate of approximately 3.58 million fixed lines in service. It provides its Internet services in Delhi and Mumbai under separate non-exclusive license agreements. As of March 31, 2011, the Company had approximately 9.42 million subscribers for broadband in Mumbai and Delhi. As of March 31, 2011, the Company had approximately 1.5 million Internet access subscribers. The Company provides all of its telecommunications services, other than Internet, under a single, general, non-exclusive license granted by the Department of Telecommunications (DOT).
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Stock Data: |
Recent Stock Performance: |
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Current Price (2/10/2012):
1.18
(Figures in
U.S. Dollars) |
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1 Week |
-4.1% |
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13 Weeks |
14.6% |
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4 Weeks |
0.0% |
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52 Weeks |
-39.8% |
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Mahanagar Telephone Nigam Limited - ADR
Key Data: |
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Ticker: |
MTE |
Country: |
INDIA |
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Exchanges: |
NYSE |
Major Industry: |
Utilities |
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Sub Industry: |
Telecommunications |
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2011
Sales |
824,108,120
(Year Ending Jan 2012). |
Employees: |
43,311 |
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Currency: |
U.S. Dollars |
Market Cap: |
371,700,000 |
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Fiscal Yr Ends: |
March |
Shares Outstanding: |
315,000,000 |
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Share Type: |
Ordinary |
Closely Held Shares: |
177,189,220 |
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by The Winthrop Corporation. All Rights Reserved. Except for quotations by established
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