wordpress blog stats
Connect with us

Hi, what are you looking for?

Tata Teleservices Maharashtra Q2-FY12: Losses Increase 33% YoY; Data & VAS At 33.3%

Tata Teleservices Maharashtra Ltd (TTML) has reported that VAS and Data Revenues accounted for 33.3%  of total revenues in Q2 FY12. The segment had contributed 29.8% to total wireless revenues for the quarter ended 30th June 2011.TTML’s revenues include earnings from the USB data card business, where the company is a leading player, along with Reliance Communications. TTML, is the sister company of Tata Teleservices Ltd (TTSL), and is operational in Goa, Maharashtra and Mumbai circles. It offers landlines, mobile connectivity (CDMA and GSM) and EVDO based wireless broadband services (Photon+). Recently,the company has announced that it will operate all its services under one common brand—Tata DOCOMO, across its CDMA and GSM service platforms and Photon internet services, and has decided to drop the Tata Indicom brand. The company has consolidated all organizational assets including spectrum, retail touch-points, digital footprint and consumer franchises across technology platforms under the Tata DOCOMO brand. On the whole, TTML reported losses of Rs 130.21 crore for the quarter ended September 30th 2011, compared to a loss of Rs 97.90 crore reported for the same quarter last year. The company reported an increase in revenues: for the same period, revenues were up from Rs 576.29 crore to Rs 616.42 crore. However, last year’s Q1 results also include profit on sale of the company’s subsidiary 21st Century Infra Tele Limited, which resulted in additional revenues of Rs. 834.93 crore, over and above its revenues of Rs.560.09 crore. So the results are not comparable. The company has reported an EBIDTA of…

Please subscribe/login to read the full story.
Written By

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

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

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...

Advert

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...

News

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...

News

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...

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
Name:*
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