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.
The petition seeking review was filed nearly a month after the apex court on February 2 had cancelled 122 2G licences granted to nine telecom companies including Tata Teleservices Ltd, based on the first-come-first served policy for 22 circles.
The Cellular Operators Association of India, industry body representing GSM operators, had argued that TTSL's spectrum was allotted through the same press release issued on January 10, 2008, which led to the cancellation of 122 licences.
Industry body COAI plans to approach DoT citing Supreme Court's 2012 order
Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.
Former Telecom Minister A Raja's private secretary R K Chandolia had threatened several senior telecom ministry officials to ensure grant of spectrum to Swan Telecom which was ineligible for getting the spectrum licence, Central Bureau of Investigation said on Saturday in its chargesheet on 2G scam.
Huawei, the other big Chinese vendor, is yet to decide on the issue.
The attack reflects the open schism in the association, in which TTSL is a new member with other Unified Access Service Licence holders such as Loop Telecom , Etilasat DB, Uninor and STel. The older, established, operators are represented by Bharti, Vodafone Essar and Idea Cellular.
Tata Teleservices Ltd has decided to pull out of the upcoming 2G spectrum auction, leaving no takers for spectrum in the CDMA 800-MHz band. This will deprive the government of around Rs 18,300 crore.
The sale price would be 72.5 billion rupees ($1.19 billion) -- the equivalent to half of the original acquisition price -- or a 'fair market price', whichever was higher, as agreed when DoCoMo made the initial investment in 2009, Japan's top mobile phone services operator said in a statement.
Amul, non-government organisations reach out to buyers through the virtual world, which is free.
The department of telecommunications is planning to seek details from four operators - Bharti-Airtel, Hutchison-Essar, Tata Teleservices Ltd and Reliance Communications - on the fulfillment of rollout obligations under the mobile telephony licence.
The new Silver data plan provides customers with unlimited data for accessing up to 10 supported e-mail accounts, plus an optional BlackBerry email address, and popular instant messaging (IM) services at the low monthly rate of just Rs 299, TTSL said.
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.
The company will charge around Rs 100 per month for its services, the lowest in the country for browsing the Net over mobile phones, compared with the existing tariffs of around Rs 500 per month charged by other service providers.
Chennai-based broadband Internet services provider DishnetDSL Ltd has signed an agreement with Tata Teleservices Ltd, whereby the ISP will offer broadband Internet connectivity using the Tata group company's existing infrastructure.
Concerned over the health of their telecom business, the Tata group has planned an investment of Rs 5,000 crore (Rs 50 billion) over the next 2-3 years while expecting the telecom ventures to come to the big league by around 2008.
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 Delhi High Court on Tuesday stayed the state-owned telecom major Bharat Sanchar Nigam Ltd's move to levy Rs 95 lakh as interconnectivity charges on the 'Walky' service provided by private player Tata Indicom.
Tata Teleservices Ltd on Thursday launched voice mail services to enable its basic services and wireless in local loop customers across all the six circles access voice messages left by a caller.
According to the quality of service rules, not more than 2 per cent of total calls in a telecom circle on a network should automatically get disconnected.
Telecom operators slash call rates to quake-hit Nepal
The department had initiated proceedings against Vodafone and TTSL in 2011 on the ground that the companies had allegedly failed to deduct tax deducted at source (TDS) for those assessment years.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances