Mahanagar Telephone Nigam Limited (India) MTNL was set up on 1st April 1986 by the Government of India to upgrade the quality of telecom services, expand the telecom network, introduce new services and to raise revenue for telecom development needs of India's key metros – Delhi, the political capital and Mumbai, the business capital of India. In the past 21 years, the company has taken rapid strides to emerge as India's leading and one of Asia's largest telecom operating companies. Besides having a strong financial base, MTNL has achieved a customer base of about 6.5 million.
The company has also been in the forefront of technology induction by converting 100% of its telephone exchange network into the state-of-the-art digital mode. The Govt. of India currently holds 56.25% stake in the company. In the year 2007-08, the company is focusing on widening the cellular and CDMA-based WLL customer base, introducing IPTV & VOIP services and achieving at least 5,00,000 broadband customers, and further expanding of telecom services in Mauritius through its subsidiary.