NEW DELHI, INDIA: The cash reserve with state-run telecom provider Mahanagar Telecom Nigam Limited (MTNL) is short of Rs 1564 crore than the amount it has to pay for 3G spectrum price by this May 31.
“The cash reserve is of Rs 5000 crore and we are making arrangements for the rest of the amount,” said Kuldeep Singh, chairman and managing director, MTNL, while speaking to media on the sideline of a press conference organized to announce the partnership between MTNL and F-Secure - an Internet security solution provider.
pl.read.. MTNL-short-of-funds-for-3G-fee
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