Tata Teleservices
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Public (BSE: 532371) | |
Industry | Telecommunications |
Founded | 1996 |
Headquarters | Mumbai, Maharashtra, India |
Key people
|
Cyrus Pallonji Mistry (Chairman)[1] Srinath Narasimhan (MD & CEO) Mohd Ather ali (Billing Cordinator) |
Products | Fixed-line and mobile telephony, broadband and fixed-line internet services, digital television and network services |
Revenue | ₹31.91 billion (US$470 million) (2011)[2] |
Members | 6.61 crore [3] (2014) |
Parent | Tata Group |
Divisions | Tata DoCoMo (CDMA/GSM) |
Website | www |
Tata Teleservices Limited (TTSL) (BSE: 532371) is an Indian broadband and telecommunications service provider based in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group, an Indian conglomerate. It operates under the brand name Tata DoCoMo in various telecom circles of India.
Contents
History
In November 2008, Japanese telecom giant NTT Docomo picked up a 26 per cent equity stake in Tata Docomo, a subsidiary of Tata Teleservices, for about ₹130.7 billion (US$1.9 billion) or an enterprise value of ₹502.69 billion (US$7.5 billion).[4] NTT DOCOMO announced on 25 April 2014 that they are going to sell 100% of their shares in Tata DOCOMO to Tata Teleservices and exit Indian Telecom. The reason for exit is because of huge loss of $1.3 billion. [5]
In February 2008, TTSL announced that it would provide CDMA mobile services targeted towards the youth, in association with the Virgin Group on a franchisee model basis. By April 1, 2015, all Virgin Mobile CDMA & GSM customers have been migrated into the umbrella Tata Docomo brand (Tata Indicom for Delhi NCR).
Tata Teleservices provides mobile services under the following brand names:
- Tata DoCoMo (CDMA & GSM mobile operator, wireless broadband)
- Virgin Mobile (CDMA & GSM mobile operator)
- T24 Mobile (GSM mobile operator)
Market data
Tata Indicom in April 2009, crossed the 35 million subscribers mark in the wireless category with an overall subscriber base of over 36 million.
Tata Teleservices is #2 in terms of market share in Delhi NCR region with a subscriber base of 5 million.
Business areas
Tata Teleservices offers multiple tariff plans in both the Post-paid and Pre-Paid category. It also offers Mobile Value Added Services to subscriberss.
Branding
Tata Teleservices launched the Virgin Mobile brand to target the youth segment.
Rural Telephony
TTSL also maintains a distribution network across villages, wherein people are appointed and trained by TTSL – who visit villages on a bicycle or a two-wheeler at defined times on defined days of the week, selling recharge vouchers and servicing equipment; each runner covers between 200 and 300 customers.
The company joined hands with Tata Chemicals, Tata Kisaan Sansar network, disseminating information through these centres and using them as local distributors.
Retail
The company's retail business has around 3,000 outlets nationally, comprising 600 TTSL owned stores and around 2,500 stores in the Franchisee format. Tata Indicom (now known as Tata DoCoMo CDMA) already covers the top 700 towns in India in terms of population through Tata DoCoMo CDMA Exclusive Stores.
Tata Docomo also maintains an online portal for its customers i-choose where the customers can buy Tata DoCoMo CDMA post-paid connections and prepaid recharge vouchers with an upfront commitment of activation and delivery of the handset within 72 hours.
Value added services
Tata Teleservices, in October 2007 launched Tata Zone, an infotainment portal on Tata Docomo BREW-enabled mobile phones, in Hindi. This service has applications, pricing details, downloads and browsing instructions in Hindi.
The rationale behind this was simple: - 66% of all Indians speak Hindi, while less than 5% understand English.
Under its VAS bouquet, TTSL offers services such as News, Games, Faith and Prayers, Ringtones, Streaming TV, Fun Shows, Video Zone, Song Download Express, Cricket, Internet Surfing, Astrology, and Mobile Office among others.
Tata DoCoMo CDMA plans to provide m-commerce, mobile advertising and social networking under its VAS offerings.
NTT DoCoMo exit
NTT DoCoMo announced on 25 April 2014 that they are going to sell 100% of their shares in Tata Docomo to Tata Teleservices and exit Indian Telecom. The reason for exit is because of huge loss of $780 million during financial year ending 31 March 2014 . [6]
See also
References
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- ↑ Docomo Exit
- ↑ Docomo Exit
External links
- Use Indian English from June 2014
- All Wikipedia articles written in Indian English
- Use dmy dates from June 2014
- Pages using infobox company with unsupported parameters
- Official website not in Wikidata
- Companies based in Mumbai
- Telecommunications companies of India
- Tata Group
- Internet service providers of India
- Mobile phone companies of India
- Companies established in 1996
- Communications in Maharashtra