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Wednesday, September 24, 2008

MTNL to roll out 3G mobile services

MTNL to roll out 3G mobile services by year-end

State-owned telecom operator Mahanagar Telephone Nigam Ltd (MTNL) on Wednesday said it will roll out 3G mobile services by the end of this year.
'The tender for 750,000 lines each in
Delhi and Mumbai for 3G will be floated soon,? MTNL director (technical) Kuldeep Singh told media.
The tender is evaluated at Rs.5 bn (Rs.500 crore or $125 mn). The equipment is being procured from telecom equipment manufacturers Motorola for
Delhi and Alcatel-ITI for Mumbai.
The trial of the 3G services in
Delhi will be started within two months. However, the Mumbai services will be rolled out only in the first quarter next year.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 2.4% 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 6-Month Bill Auction 1 4.15%
21:00 3-Month Bill Auction 1 4.25%
Tuesday, Jun 10
04:31 BRC Like-For-Like Retail Sales (YoY) 2 2.7% 6.8%
06:00 Westpac Consumer Confidence 2 2.2%
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