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April 18, 2015 12:18 AM ET

Diversified Telecommunication Services

Company Overview of Tata Teleservices Limited

Company Overview

Tata Teleservices Limited offers cellular telecommunications services for business and residential customers in India. It offers fixed and mobile telephony services; media and entertainment services, such as satellite TV; data services that include leased lines, managed data networks, IP/MPLS VPN, dial-up Internet, Wi-Fi, and broadband; and mobile and broadband content/applications, calling cards, net telephony, and managed services. The company also provides infrastructure services that include submarine cable bandwidth, terrestrial fiber network, and satellite earth stations and VSAT connectivity; and GSM and CDMA telecom services, 3G services, wireless desktop phones, public booth telepho...

A, E & F Blocks

Voltas Premises

T. B. Kadam Marg


Mumbai,  400033


Founded in 1995


91 22 6667 1414


91 22 6660 5335

Key Executives for Tata Teleservices Limited

Managing Director and Director
Age: 52
Chief Financial Officer
Age: 53
Chief Operating Officer
Age: 46
President of Business Improvement Group
Age: 57
President of Corporate Affairs
Age: 66
Compensation as of Fiscal Year 2014.

Tata Teleservices Limited Key Developments

RBI Rejects Tata Offer For DoCoMo's Stake

Reserve Bank of India (RBI) has rejected Tata Sons Limited offer to acquire NTT DOCOMO, Inc. (TSE:9437)’s stake in Tata Teleservices Limited. Tata Sons planned to buy back the 26.5% stake held by NTT DoCoMo in their Indian joint venture Tata Teleservices. Tata Sons offered to buy the stake at INR 58.045 per share totaling to about INR 72.5 billion.

Tata Wins RBI Approval To Buy DOCOMO Stake

Tata Sons Limited received the approval from Reserve Bank of India (RBI) to buy 26% stake of NTT DOCOMO, Inc. (TSE:9437) in Tata Teleservices Limited.

MTN Is Reportedly Looking To Acquire Tata's Telecom Arms

MTN Group Limited (JSE:MTN) is looking to foray into the Indian market again, this time by acquiring Tata Teleservices Limited (TTSL) and Tata Teleservices (Maharashtra) Limited (BSE:532371) (TML), sources with knowledge of the discussion said. “It is too early to comment on the level of discussions, since only preliminary talks have been held,” they added. When contacted, a Tata Sons spokesperson said, “We do not comment on such speculation”, Hindustan Times (HT) reported. “MTN continues to look for value-enhancing opportunities, including merger and acquisition, as part of its long-term growth strategy. However, we don’t comment on market speculation,” Paul Norman, Chief HR and Corporate Affairs Officer, said in an emailed response to HT.

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