Tata Teleservices Maharashtra Ltd (TTML) has reported that VAS and Data Revenues accounted for 35% of total wireless revenues for the quarter ending June 30, 2012 (Q1 FY13), up from 33% for Q4-FY12 and 29.8% for Q1-FY12. Tata Teleservices’ VAS and Data Revenues segment include earnings from its EVDO based (USB data card) connectivity business (Tata Photon), where the company is a leading player, along with Reliance Communications and MTS India. TTML is the sister company of Tata Teleservices Ltd (TTSL), and is operational in Goa, Maharashtra and Mumbai circles, and while TTSL is not listed, the two companies operate mobile services under the Tata Docomo brand. On the whole, TTML reported losses of Rs 162.66 crore for the quarter ending June 30th, 2012, a 36.32% increase from the loss of Rs 119.32 crore reported for the same quarter last year. The company reported total revenues of Rs 661 crores, a 12% growth from Rs 591 crores in the corresponding quarter of previous fiscal. The EBIDTA stood at Rs 134 crore from the quarter. - TTML had recently launched CDMA-based Tata DOCOMO Photon Max in Mumbai and Rest of Maharashtra region which claimed to offer speeds of up to 6.2 MBPS. The company also said that it currently has over 9,000 towers across Mumbai, Maharashtra and Goa circles. - While the data is not available for the current quarter, as per an analyst presentation for Q3-FY12 (pdf), TTML had a total of 14.78 million subscribers, of which 7.67 million were CDMA, while 7.11 million were GSM, down from 16.83 million at the…
