The Supreme Court on Wednesday 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. TDSAT had ruled that Walky service offered by Tatas was a mobile service, thus the private company was liable to pay a levy called Access Deficit Charge (ADC) to state-owned BSNL as per the interconnect order of telecom regulator Trai.
CAG said that Reliance Infocomm and Tata Tele Services Ltd have caused a loss of Rs 184 crore to 3 state-run insurance firms between 2002-05 on risk cover for mobile handsets and default payments.
Sources in the industry said Tata Teleservices had made an attempt to sale one-third stake to South Korean Telecom. But the deal did not materialise because of differences over valuation.
In a blow to Tata Teleservices, the Telecom Regulatory Authority of India has asked the company to refund the excess amount charged from customers under its Walky plan.
Tata Teleservices has become the first service provider to offer mobile TV on high speed broadband wireless by launching Photon TV, which allows users to access channels on desktops and laptops.
Department of Telecom had sought the legal opinion of the matter from the government's counsel.
RCom and Tata Teleservices are the top net losers of subscribers under mobile number portability (MNP) services.
In what can be termed as the biggest write-off by an Indian firm, CDMA service provider Tata Teleservices is planning to restructure the company to offset losses of around Rs 5,141 crore (Rs 51.41 billion) by way of capital revamp.
A slow starter, the telecom company is way behind its peers and needs to scale up fast to become a profitable operation.
Tata Teleservices on Wednesday launched its services in Bhopal, Indore, Gwalior, Mandideep and Jabalpur.
Days after NTT DoCoMo of Japan announced that it will buy 26 per cent in Tata Teleservices for $2.7 billion, NRI businessman C Sivasankaran has decided to put on the block his eight per cent stake in the company.
Tata Teleservices plans to invest Rs 3,500 crore (Rs 35 billion) in 2007-08 for expanding its footprint into new territories and launching 3G services.
Tata Teleservices on Wednesday announced outsourcing of its entire IT infrastructure management to group company Tata Consultancy Services, a deal estimated at over Rs 1,000 crore (Rs10 billion) over five years.
The company plans to leverage its tie-up with NTT DoComo to offer many value-added services.
The company needs Rs 2,000 crore more in 2 years to repay debt.
The company plans to set up Wi-Fi spots in hotels, retail cafes, airports, stadiums, malls and government and education complexes.
Tata Teleservices Ltd plans to make a total investment of Rs 10,000 crore (Rs 100 billion) over a five-year period ending in 2007, a top executive of the company said on Monday.
Tata Group had hinted at combining its enterprise business with Tata Communications and its fixed-line and broadband businesses with Tata Sky.
DoT decides not to scrap dual-technology telecom licences
Leverage ratio falls to under 1; but group heavily dependent on TCS & Tata Motors.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.
While smart boys like the Ruias of Essar, Ajay Piramal, Max India promoter Analjit Singh laughed all the way to the bank, the Tatas, Anil Ambani, Malaysian tycoon T Ananda Krishna of Maxis (which invested in Aircel), Sistema, and Norway's Telenor burnt their fingers, notes Surajeet Das Gupta.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Tata Housing to take up around 13 projects for constructing homes for the old.
DoT though failed to implement TRAI's recommendations to levy spectrum usage charge
Call drop problem to improve in 12-16 weeks in Delhi: Vodafone
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Bulk of these customers use 2G phones and are still focused on voice services and might prove useful for both Bharti Airtel and the Idea-Vodafone combine.
Patients from any part of the country will soon need to travel no more than three hours for treatment of the kind available in large metros.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances