MTNL to invest Rs 2000 cr on GSM

NEW DELHI: Mahanagar Telephone Nigam Ltd (MTNL) has announced another round of expansion in GSM mobile phones with plans to invest Rs 2000 crore in the next financial year.






"We are growing much faster as compared to our rivals in the private sector. We added 44,659 new customers in January this year in Delhi itself and this formed 53 percent of the total added subscriber.

Similarly, in Mumbai our addition was 50,102 in January," MTNL CMD RSP Sinha. He added that if this trend continues we may require additional capacity much sooner than we expected.






Sinha also informed that for increasing MTNL's capacity we should be inviting tenders soon. "New capacity of four lakh lines each in Delhi and Mumbai should be completed within first half of 2005-06," he added.