Tata Sons Ltd, the holding company of the $150 billion Tata group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay Rs 19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026.
In a major relief to Tata Tele Services, state-owned BSNL on Wednesday decided not to disconnect interconnection with the private telecom operators and also asked its officials not to encash the bank guarantee to recover dues.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
Tata Teleservices on Wednesday joined state-owned BSNL for sharing infrastructure across the nation, in a first such partnership that would help the private firm expand its GSM network expeditiously.
The Supreme Court on Monday dismissed the pleas of telecom majors Vodafone, Airtel and Tata Teleservices seeking the waiver of adjusted gross revenue (AGR) dues. A bench comprising Justices J B Pardiwala and R Mahadevan called the pleas "misconceived".
Intensifying the ongoing tariff war, Tata Teleservices on Thursday announced half a paise per second tariff for domestic long distance (STD) calls for its CDMA prepaid users, making it cheaper than locals calls.
It has been reported that Richard Branson's Virgin Mobile and Tata Teleservices are joining hands to launch Virgin in India.
In a major blow to Tata Tele Services, telecom tribunal TDSAT on Friday said the company's fixed wireless service Walky would be treated as WLL (mobile) service and ordered it to pay a fee called access deficit charge to state-run BSNL.
Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.
Docomo is looking to expand its reach beyond Japan and sees India and Africa as key emerging markets.
Spectrum is critical for Tata Tele because in some circles, Rajasthan for example, it has spectrum only in 60 per cent of the geography, while allocation for the rest has yet to come from the government.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
TTSL is now behind only Bharti Airtel, Reliance Communications and Vodafone, the company said in a statement.
Tata Teleservices MD, Charles Anthony, has called it quits.
Kishore A Chaukar has been appointed as non-executive director and chairman on the board of TTML, with effect from March 24, the filing said.
Tata Teleservices Maharashtra Ltd said on Friday that Ratan N Tata has been elected as the company's chairman. \n
In line with its target to ramp up its subscriber base to 8 to 10 million in the next fiscal and provide better customer care service, Tata Teleservices has inducted three key management personnel from the Tata Group and one from Telstra, Australia,
Firm makes Rs 4,858-crore loss on Rs 10,799-crore income.
Tata Indicom on Thursday launched a dual mode handset, Samsung Duo, which can run both GSM and CDMA based mobile connections.
As per the terms of the partnership, Quippo telecom would hold 49 per cent in the new entity, while Tata Teleservices's Wireless-TT Info-Services Ltd would hold the remaining. Despite a low stake, Quippo would control the management. Quippo Telecom Infrastructure, which is a Srei Group company, would have to pay Rs 2,400 crore (Rs 24 billion) cash upfront for 30 per cent stake in WTTIL.
A bench headed by Justice H S Kapadia, while dismissing Tata Teleservices and Reliance Communication's petitions, has upheld telecom tribunal TDSAT's order of September 2005 that held these services are not fixed lines telephones, but limited mobile. The Supreme Court had earlier reserved its judgement on a petition filed by Tata Teleservices challenging the telecom tribunal's order which classified the company's fixed wireless phone service 'Walky' as limited mobile.
Tata Teleservices has accused Trai of favouring the GSM players in spectrum allocation.
Continuing its pressure on wireless in local loop operators whose tariffs do not meet the criteria specified by it, telecom regulator TRAI has sought clarifications from Tata Teleservices though the company maintained that its WLL tariffs.
Subscribers will get free talk-time based on their purchases at the group's stores.
The clearances are for three proposals submitted to the Foreign Investment Promotion Board by Bharti Telemedia, which offers direct-to-home television services, Tata Teleservices, in which Japan's DoCoMo has picked up 27.3 per cent equity, and SKR BPO Services, which has made downstream investments in Sparsh BPO. Press notes 2 and 4, issued in February this year, changed the way indirect foreign equity is treated while computing the total foreign investment.
Spectrum refers to the radio frequencies that enable wireless communication. It has been the source of a bitter dispute between mobile operators of the rival GSM and CDMA technologies. In its petition, Tata Teleservices has also demanded immediate allocation of spectrum that is under the contractual obligation in areas in which it has fulfilled its subscriber base criterion.
In a bid to give a fillip to the rapidly expanding telecom business, Tata Group chief Ratan Tata on Tuesday took charge as chairman of the privately held company, Tata Teleservices.
The service - Photon TV - is available to the Tata Photon plus users across 22 states, Anil Sardana, Tata Teleservices Managing Director, told reporters here.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances