Tata Teleservices Maharashtra Ltd (TTML) has reported a loss of Rs 163.88 crore for the quarter ended Q4-FY15, a slight decrease of 3.07% from the previous quarter when it reported a loss of Rs 169.08 crore. Note that this is the telco’s 19th straight loss making quarter.
The net income from telecom services however grew to Rs 745.91 crore for the quarter, up 3.47% from 720.85 crore in the previous quarter and a 11.99% increase from Rs 666 crore from the same quarter last year. Overall for the year ended March 31st 2015, the company reported a loss of Rs 615.25 crore, up 9.85% from Rs 560.08 crore the same period last year.
The total income from overall operations was at 746.04 crore for the quarter, a meager 1.01% increase from Rs 738.56 crore last quarter. However, the telco did not mention its total revenues and it had previously stopped providing any information on the contribution of VAS and data revenues to its total wireless revenues.
In Q4-FY13, TTML had mentioned that VAS and Data Revenues represented 37% of its total wireless revenues for the quarter while in Q1-FY14 (which was the last quarter TTML had provided this information), VAS and data revenues accounted for 39% of the company’s total wireless revenues for that quarter.
TTSL financials: Tata Teleservices Limited (TTSL) had reported net loss of ¥85,026 million (Rs 4,887 crore) for the year ended March 31, 2014 (FY14), an increase from ¥72,301 million loss (Rs 4,155 crore) in the previous year FY13, but an improvement from ¥95,813 million (Rs 5,506 crore) loss in FY12.
It’s worth noting that TTSL is an unlisted company unlike its sister company Tata Teleservices Maharashtra Limited (TTML) which is listed on BSE. While TTML is operational only in Goa, Maharashtra and Mumbai circles, it along with TTSL provides mobile services under the Tata DOCOMO brand in the country.
– TTML mentions it has recently added 1000 3G cell sites in Maharashtra, to improve 3G coverage in 160 additional towns and existing network areas. It also recently launched Tata Photon Walk, a wifi enabled portable wireless device, that can make calls, surf the internet and supports up to 5 devices on wifi
– In December, Tata Docomo launched a new device called the ‘Photon Max Wi-Fi Duo’ priced at Rs 2899, which enables Wi-Fi internet on the go. The device also features a 4400 mAh battery power bank and comes with a 32GB MicroSD card slot, which acts as personal cloud storage.
– In November, Tata Docomo had tied-up with the New Delhi Municipal Council (NDMC) to launch public Wi-Fi service in the Connaught Place area in Delhi. Earlier this year, the company had revealed plans of setting up 4,000 Wi-Fi hotspots in nine cities across India over the next two years. The same month, the company tied up with the networking and telecom equipment company Nokia Networks, to upgrade its 3G network to HSPA+ in Karnataka, Haryana and Punjab circles.
– OnMobile Global signed an agreement with Tata Teleservices to become its exclusive Caller Ring Back Tones (CRBT) partner in September last year. The deal has been signed for an initial three years and as part of the deal, OnMobile will centrally manage Tata’s content management systems across its GSM and CDMA networks. The same month, the company had launched a handset protection service called ‘SimplySwap’ for its postpay customers in Hyderabad.
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