wordpress blog stats
Connect with us

Hi, what are you looking for?

Q1-11: Tata Teleservices Maharashtra VAS & Data At 18.5% Of Wireless Revenues

Tata Teleservices Maharashtra Ltd (TTML) reports that around 18.5% of its total wireless revenues now are from its VAS and Data services business, which includes the wireless broadband (EVDO) service Tata Photon+. A year ago, VAS and Data used to contribute 15.4% of the wireless revenues. TTML, the sister company of Tata Teleservices Ltd (TTSL), is operational in Goa, Maharashtra and Mumbai circles and offers landlines, mobile connectivity (CDMA and GSM) and wireless broadband services (Photon+).

Connection base: TTML has reported an increase in connection base to 13.9 million for the quarter ended June 30, 2010, up from 13 million connections at the end of the previous quarter, and 74% more than the previous year. As of March 30th 2010, TTML had over 4 million GSM subscribers. Minutes of use also grew 44% year on year.

Financials: The company reported revenues of Rs. 563 crores for the quarter, up 10% YoY, and its profit after tax was Rs. 558 crore, which included profit from sale of investment in its Tower Subsidiary 21st Century Infra Tele Limited to Wireless-TT Info Services.

Internet Revenues (FY10): TTML also has a wireline Internet business. According to its Annual Report for FY10, the company earned Rs. 72.64 crores from providing Internet services in FY10, up from Rs. 48.81 crore in FY09.

3G Spectrum Auctions: TTML won 3G spectrum in the rest of Maharashtra Circle, for which it has paid the Indian government Rs. 1257.82 crore; it chose not to bid for Mumbai due to unreasonably high bids. Its sister company TTSL won spectrum in 8 circles, in the western belt of India.

Details: Release | Standalone Financials | FY10 Annual Report

Advertisement. Scroll to continue reading.

Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



The Delhi High Court should quash the government's order to block Tanul Thakur's website in light of the Shreya Singhal verdict by the Supreme...


Releasing the policy is akin to putting the proverbial 'cart before the horse'.


The industry's growth is being weighed down by taxation and legal uncertainty.


Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ