Tata Teleservices

Tata telco buy to help Airtel catch up with Idea-Voda: Experts

Tata telco buy to help Airtel catch up with Idea-Voda: Experts

The shareholders of Idea Cellular have approved merger scheme of its mobile business with Vodafone India.

Oct 13, 2017, 16:22 PM IST
Bharti Airtel stock surges on Tata mobile unit deal

Bharti Airtel stock surges on Tata mobile unit deal

India`s telecoms market has seen rapid consolidation since the entrance of Reliance Jio Infocomm Ltd sparked a price war.

Oct 13, 2017, 11:46 AM IST

Airtel to acquire struggling Tata Tele on 'no-debt, no-cash' basis

In February, Airtel absorbed Telenor's operations in seven circles -- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam in a similar no cash deal.

Oct 12, 2017, 23:40 PM IST
Tata Teleservices to merge consumer mobile business with Bharti Airtel

Tata Teleservices to merge consumer mobile business with Bharti Airtel

The merger is being done on a debt-free cash-free basis, except for Bharti Airtel assuming a small portion of the unpaid spectrum liability of Tata`s towards DoT, which is to be paid on deferred basis, the statement added.

Oct 12, 2017, 16:35 PM IST

As telecom sector reels, need for government to step in (News Analysis)

One of the reasons is the high levies imposed on the sector. Industry bodies have often in the past bemoaned the fact that the Indian levy on the sector is in the 30 per cent-plus range. 

Oct 04, 2017, 18:26 PM IST
Birlas enter top league with $50-billion m-cap; Tatas still on top

Birlas enter top league with $50-billion m-cap; Tatas still on top

The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.

Sep 03, 2017, 13:43 PM IST

Tata Sons to seek CCI, I-T nod for DoCoMo payout

Tata Sons will seek the approval of the Competition Commission of India and tax authorities to remit USD 1.18 billion to estranged partner NTT DoCoMo to settle its long-standing dispute.

May 02, 2017, 23:53 PM IST
Tata Teleservices fires 500-600 employees

Tata Teleservices fires 500-600 employees

The lay-offs comes at a time when the telecom industry has been witnessing an intense tariff war triggered by the entry of Reliance Jio.

May 02, 2017, 15:58 PM IST
Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo over the Japanese firm`s exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.

Mar 03, 2017, 14:11 PM IST
Telecom Comm seeks clarity from Trai on Rs 3,050-crore fine

Telecom Comm seeks clarity from Trai on Rs 3,050-crore fine

Inter-ministerial panel Telecom Commission on Monday sought clarity from Trai on Rs 3,050-crore penalty that the watchdog recommended on three operators, including Airtel and Vodafone, for allegedly violating interconnect norms and its power to impose fine in such cases.

Feb 06, 2017, 19:36 PM IST

After TCS, Tata Teleservices 'unanimously' removes Cyrus Mistry as chairman, director

In yet another blow for Cyrus Mistry, Tata Teleservices on Wednesday "unanimously" removed him as the director and chairman of the company.

Dec 14, 2016, 18:29 PM IST

Cyrus Mistry chairs Tata Teleservices Board meeting

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Nov 07, 2016, 23:17 PM IST
Ousted Tata Sons chairman Cyrus Mistry chairs Tata Teleservices board meeting

Ousted Tata Sons chairman Cyrus Mistry chairs Tata Teleservices board meeting

Ousted Tata Sons chairman Cyrus Mistry continued to chair group companies and on Monday he chaired a meeting of the distressed telecom arm of the group, Tata Teleservices, at the Bombay House, the group headquarters here this afternoon.

Nov 07, 2016, 22:58 PM IST

Spectrum auction: Vodafone, Tatas pay Rs 12,499 crore to DoT for purchase

Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.

Oct 19, 2016, 21:43 PM IST
Govt issues demand notes to 7 telcos for spectrum purchase

Govt issues demand notes to 7 telcos for spectrum purchase

Government on Monday issued demand notes to seven telecom operators to make payment in 10 days for the spectrum they bought in the just-concluded auction.

Oct 10, 2016, 23:08 PM IST
 Seven companies qualify to bid in upcoming telecom spectrum auction

Seven companies qualify to bid in upcoming telecom spectrum auction

Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.

Sep 24, 2016, 17:54 PM IST
Seven telcos submit Rs 15,000 crore earnest money for auction

Seven telcos submit Rs 15,000 crore earnest money for auction

In a seemingly tepid build-up to the upcoming spectrum sale, due on October 1, seven mobile operators are said to have deposited earnest money of about Rs 15,000 crore, lower than the previous year's Rs 20,435 crore.

Sep 16, 2016, 20:33 PM IST
Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and the case will now have to be legally settled.

Aug 01, 2016, 16:06 PM IST
DoT to issue demand notices this week to 6 telcos for 2006-07

DoT to issue demand notices this week to 6 telcos for 2006-07

The Department of Telecom will issue this week the next lot of demand notices to six telecom operators for under-reporting of revenues in around 10 circles in 2006-07 year.

 

Jul 26, 2016, 18:39 PM IST
Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Ltd on Saturday reported a widening of its consolidated net loss to Rs.205 crore for the quarter ended March, mainly on account of an impairment of equity in its sister concern Tata Teleservices.

May 28, 2016, 18:11 PM IST