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.
The government has proposed a penalty of over Rs 41 crore (Rs 410 million) on Tatas, Rs 31 crore (Rs 310 million) on Airtel and Rs 19.65 crore (Rs 196.5 million) on RCom and others, totalling Rs 135.60 crore (Rs 1.35 billion), for not rolling out network on time
The company needs Rs 2,000 crore more in 2 years to repay debt.
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.
Tata Teleservices (Maharashtra) on Friday said Japanese telecom major NTT DoCoMo's open offer for a 20 per cent stake in the company has been deferred following a delay in approval from market regulator Securities and Exchange Board of India.
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.
The company is also bringing in a regime of 'getting paid for receiving calls,' while offering local calls at 50 paise per minute.
RCom and Tata Teleservices are the top net losers of subscribers under mobile number portability (MNP) services.
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.
Tesfay covered the gruelling 42.195km distance in 2 hours 11 minutes and 44 seconds to win his maiden international full marathon title as thousands of Mumbaikars turned up for the marquee World Athletics Gold Label road race.
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.
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.
The Supreme Court on Tuesday granted 10-year time to telecom firms like Vodafone Idea, Bharti Airtel and Tata Teleservices for paying the Adjusted Gross Revenue (AGR)-related dues to the department of telecommunications with certain conditions.
The company plans to leverage its tie-up with NTT DoComo to offer many value-added services.
Docomo has now moved the London Court of Arbitration.
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.
The company plans to set up Wi-Fi spots in hotels, retail cafes, airports, stadiums, malls and government and education complexes.
'Opt for a minimum cover of Rs 10 lakh to Rs 15 lakh, especially in urban and metro areas.'
The issue will now have to be resolved through arbitration.
TATA Tele services Limited, a leading telecom service provider, said on Wednesday that it would launch its services in over 25 centres in Tamil Nadu soon and cover the entire state.
Hughes Tele.com India Ltd said it is evaluating a plan to use broadband network of The Tata Power Company Ltd. No decision has, however, been taken.
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.
Tata Group had hinted at combining its enterprise business with Tata Communications and its fixed-line and broadband businesses with Tata Sky.
The total valuation of Tata Teleservices, according to the valuer, was only Rs 11,000 crore (Rs 110 billion), against the pre-agreed valuation of Rs 27,000 crore (Rs 270 billion).
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
The results of the Maharashtra Board HSC exam will be declared on May 25, 2010 at 11 am. Get your results online, via SMS.
Telcos' m-cap rises Rs 11,286 crore; Bharti, RCom lead.
The refusal to auction 2G spectrum ensures that the debate over Trai's recommendations will centre on whether one group was favoured over the other in the past and whether one wrong justifies another.
Here's a look at how key Tata group companies fared under Cyrus Mistry's stewardship.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Bharat Snachar Nigam is mainly responsible for the increasing congestion between networks of cellular operators on points of interconnection
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