Mahanagar Telephone Nigam Ltd. (MTE)

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Mahanagar Telephone Nigam Ltd has invited bids for buying and implementing 150,000 2G and 50,000 3G lines for its Mauritius operations, according to a tender notice on the company's website. The last date for submission of bids is November 4, and the same will be opened on November 16. In the first phase, the company plans to buy 100,000 2G lines, while in the second phase it will buy another 50,000 lines each of 2G and 3G. At 14.25 IST, shares of MTNL were trading at Rs 81.95 on the National Stock Exchange, up almost 1% from the previous close.

Published on Tue, Oct 20, 2009 at 12:22 , Updated at Tue, Oct 20, 2009 at 13:04
Source : NewsWire18
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