India is being seen as a land of telecom opportunity by many carriers both inside and outside of the country. Perhaps that's part of the reason why state-operated MTNL reported a 56.4% drop in net income and an 8.4% decline in revenue for its most recent quarter.
The telco offers both wireline and wireless services and is seeing a strong customer migration to mobile. At this point, its competitive differentiation may be its IPTV service, and MTNL is now looking toward triple play bundles to put growth and financials back on track.
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