State-run PSU, MTNL is reportedly planning a capex amounting Rs 1,772 crore in the current fiscal towards network expansion, broadband infrastructure expansion and fibre-to-home backbone. The ultimate aim of the company is to notch up one million new subscribers.

The fibre to the home (FTTH) initiative is likely to be allotted Rs 200 crore from the overall budget.

Additionally the company has also put its intention of buying Sri Lanka’s Suntel on the back burner.