Diversified Telecommunication Services
Company Overview of Tata Teleservices Limited
Tata Teleservices Limited provides telecommunication services for business and residential customers in India and internationally. It offers fixed and mobile telephony services; media and entertainment services; data services, including leased lines, managed data networks, IP/MPLS VPN, dial-up Internet, Wi-Fi, and broadband; infrastructure services, such as submarine cable bandwidth, terrestrial fiber network and satellite earth stations, and VSAT connectivity; and mobile and broadband content/applications, calling cards, net telephony, and managed services. The company also provides mobile services, wireless desktop phones, public booth telephony, and wireline services. It has strategic par...
A, E & F Blocks
T. B. Kadam Marg
Founded in 1995
Key Executives for Tata Teleservices Limited
President of Business Improvement Group
President of Corporate Affairs
Compensation as of Fiscal Year 2012.
Tata Teleservices Limited Key Developments
Tata Sons And Telenor To Explore Merger Options For Tata Teleservices
May 8 13
Tata Sons Limited and Telenor ASA (OB:TEL) are seeking merger or sale options for Tata Teleservices Limited. Both have appointed merchant bankers to advise them on a possible strategic alliance that could include merger or sale of equity in Tata Teleservices. While Telenor has appointed Citibank, the Tatas have roped in Lazard to study all options for their telecom business. The Tatas own 59.5% in Tata Teleservices and NTT DOCOMO, Inc. owns 26% in Tata Teleservices, while the remaining equity is held by minority investors, including the Sivasankaran group. Tata spokesperson said: “The query raised is speculative and Tata Teleservices, as a policy, does not comment on speculation.” A Telenor spokesperson said the company would not comment on rumours and speculation, adding: “What the group has said is that it is not compelled to participate in any merger or acquisition, seeing that its current six-circle footprint allows it to serve every second person in India. At the same time, it will evaluate any such opportunities, should those become available and make business sense.” Also, Citibank official said the bank did to comment on confidential client mandates and Lazard declined to Business Standard.
Telenor And Tata Teleservices Merger Update
Apr 30 13
Telenor ASA (OB:TEL) and Tata Teleservices Limited merger discussions are falling through.
Tata Teleservices Limited Announces Resignation of AG Rao as Chief Technology Officer
Dec 13 12
The Chief Technology Officer of Tata Teleservices Limited, AG Rao, has quit the company amidst speculation that the company's managing director N Srinath will shortly move to a larger strategic role in the Tata Group.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|