Tata Tele loss widens to Rs 183.71 cr in Jul-Sept qtr

Tata Tele loss widens to Rs 183.71 cr in Jul-Sept qtr Mumbai: Tata Teleservices (Maharashtra) Ltd (TTML) Tuesday said its loss widened to Rs 183.71 crore for the quarter ended September 30.

This is against a net loss of Rs 130.21 crore for the quarter ended September 30, 2011, TTML said in a BSE filing.

However, the company's total income from operations increased over three percent to Rs 639.83 crore in the reported quarter as against Rs 616.42 crore in the corresponding quarter last year.

TTML has license to provide telecommunication services in Maharashtra (including Mumbai) and Goa. It has operations on the CDMA, GSM and 3G platforms and focuses on all market segments, i.E. Commercial, residential and public telephony.

The company, alongwith Tata Teleservices Ltd, is one of the country's leading telecom service providers. Together, it has a pan-India presence across all of India's 22 telecom circles and had 78.63 million subscribers at the end of August 31, 2012.

PTI