MTNL is a near monoploy telecom services provider in two major markets-Delhi and Mumbai, which together account for 28% share in the domestic market.
The company has a licence to offer telephony services in both these metros upto 2013.In order to broadbase its services the company has ventured into value added services like internet access, ISDN,voice mail,video-conferencing and e-mail.It also provides internet services through its wholly owned subsidiary Millenium Telecom.
It plans to get itself listed in New York in June.The company's profits have mainly increased as a result of the decrease in taxes by 64%.There is already a pending claim by the Income Tax Department with the company,which if fruitful will adversely affect the bottomline.
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