New Delhi: Mahmood Ahmed has been appointed as Director on the Board of Mahanagar Telephone Nigam Limited (MTNL), a debt-ridden PSU under the Department of Telecommunications (DoT) which has been merged with BSNL. Prior to this appointment, he was serving as Deputy Director General (LFA) in DoT. Ahmed has been appointed as Government Nominee Director on MTNL board with immediate effect, said an order from DoT.
According to the official order, Ahmed has been appointed for a three-year period or till the period of superannuation or until further orders, whichever is earlier.
According to the official order Mahmood Ahmed has been appointed for a three-year period or till the period of superannuation or until the further orders, whichever is earlier
Mahanagar Telephone Nigam Limited (MTNL)
Mahanagar Telephone Nigam Limited (MTNL) is a state-owned telecommunications service provider and a wholly-owned subsidiary of BSNL, headquartered in New Delhi. MTNL provides services in the metro cities of Mumbai and New Delhi in India and in the island nation of Mauritius in Africa.
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The company had a monopoly in Mumbai and New Delhi until 1992 when the telecom sector was opened to other service providers. The government of India currently holds 57 percent stock in the company with the rest being held by public and institutional investors.