Tata Teleservices Maharashtra Ltd (TTML) reported that VAS and Data Revenues accounted for 37% of its total wireless revenues for the quarter ending December 31, 2012, up from 32% in the same quarter last year. Note that 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. Also, TTML is the sister company of Tata Teleservices Ltd (TTSL), and is operational in Goa, Maharashtra and Mumbai circles. While TTSL is not listed, both the two companies operate mobile services under the Tata Docomo brand. TTML reported increased losses of Rs 197.2 crore for the quarter, a 7.35% increase from Rs 183.7 crore losses in the previous quarter and a 36.38% increase from Rs 144.6 crore losses in the same quarter last year. The company posted total revenue of Rs 665 crore for the quarter, registering a 2% growth from Rs 652 crore in the previous quarter and 5% growth from Rs 634 crore revenues in the same quarter last year. The EBITDA stood at Rs 90 crore for the quarter. Note that TTML has made an additional provision of around Rs 72.3 crore for the quarter, towards the outstanding claims and litigations against the company relating to Department of Telecommunication (DoT) and other parties. Other Highlights - As of November 2012, Tata Teleservices had around 72.5 million subscribers, of which 47.7 million were active subscribers. - Last month, TTML had launched…
- NCPCR calls for MeitY to take action against ULLU for explicit content March 4, 2024
- Dhruv Rathee Proposes To Blur Visuals Referring to Dabur’s ‘Real’ Fruit Juice In Video For Amicable Settlement: Report March 4, 2024
- MapmyIndia Earnings Q3FY2024: Company talks about expanding its drone business model March 4, 2024
- Google partners with Indian news publishers and fact checkers to combat deep fakes March 4, 2024
- Delhi Court Directs Bloomberg to Take Down Alleged Defamatory Article on Zee Entertainment Enterprises Ltd March 4, 2024
The Commission received complaints against ULLU by the group ‘Gems of Bollywood’, for sharing “extremely obscene and objectionable content secretively to its subscribers, including...
Dhruv Rathee Proposes To Blur Visuals Referring to Dabur’s ‘Real’ Fruit Juice In Video For Amicable Settlement: Report
This case highlights a curious intersection of copyright and critique in the digital content world.
Google will also provide news organizations and fact checkers with essential training in advanced fact-checking methodologies, deepfake detection, and Google tools like the Fact...
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Views: Response to NPCI CEO’s comments that what is not written in regulations is a no-go for fintech entities
NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...
Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...
The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
Please subscribe to MediaNama. Don't share prints and PDFs.
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...