Tata Teleservices Maharashtra Ltd (TTML) has reported increased losses of Rs 165.23 crore for the quarter ended September 30, 2013, up 30.2% from Rs 126.9 crore loss in the previous quarter but an improvement from Rs 183.7 crore loss in the same quarter last year. Total revenues were at Rs 693 crore for the quarter, a minor dip from Rs 696 crore revenues in the previous quarter but registering a 6% year-on-year (YoY) growth from Rs 652 crore in the same quarter last year. The EBITDA was at Rs 136 crore, up 23% YoY. Strangely, the company hasn't disclosed any information on the contribution of VAS and data revenues to its total wireless revenues for the quarter. In the previous quarter, it had mentioned that VAS and data revenues contributed for 39% of the company's total wireless revenues for that quarter. VAS and data revenues segment also includes its EVDO based (USB data card) connectivity business (Tata Photon), where the company is a leading player, along with Reliance Communications and MTS India. While TTML is operational only in Goa, Maharashtra and Mumbai circles, it operates mobile services under the Tata DOCOMO brand with its sister company Tata Teleservices Ltd (TTSL) which is not a listed company. Highlights - The company recently launched a new Tata DOCOMO Photon Max dongle which features a new dual processor technology and claims to offer a high speed mobile broadband connection with speed of up to 6.2 Mbps (downlink) and 3.6 Mbps (uplink) and free roaming across India. It is available for both prepaid and postpaid CDMA…
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