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Tag: tata
Tata completes 1.1bn NTT DoCoMo payoff
2017-11-01 01:00:00| Total Telecom industry news
NTT DoCoMo on Tuesday confirmed it has received a ¥144.9 billion (€1.09 billion) damages payment from Tata related to their Indian joint venture, Tata Teleservices Limited (TTSL). In return, the Japanese telco said it has transferred its shares in the venture, which offers services under the Tata DoCoMo brand…read more on TotalTele.com »
Tags: ntt
completes
tata
docomo
Tata, Bharti exploring TV merger
2017-10-16 02:00:00| Total Telecom industry news
Tata Group and Bharti Enterprises are working on a potential merger of their television operations, it emerged on Monday. Fresh from announcing that Bharti will acquire Tata's consumer mobile operations and integrate them with its own…read more on TotalTele.com »
Tags: exploring
merger
tata
bharti
Tata sells consumer mobile ops to Bharti Airtel
2017-10-13 09:56:00| Telecompaper Headlines
(Telecompaper) The Tata Group has agreed to sell its consumer mobile businesses to Bharti Airtel, including all customers and assets. No financial details were disclosed about the deal, except that it will done on a debt- and cash-free basis, except for Bharti assuming a small portion of Tata payments for spectrum. The acquisition will be subject to the usual regulatory approvals. The boards of Tata Sons, TTSL and TTML have already given their green light.
Tags: mobile
consumer
sells
ops
Tata preps Teleservices shutdown, 5,000 staff to go
2017-10-10 02:00:00| Total Telecom industry news
Tata Group is preparing to close down its Tata Teleservices (TTSL) business by the end of this year or early in 2018, according to Indian press reports, and it is working on plans to lay off the majority of its 5,000-plus workforce. The company last month asked its circle-level heads to leave their posts by the end of March next year…read more on TotalTele.com »
Tags: staff
tata
shutdown
preps
Tata may retain some of Teleservices, but will sell mobile ops
2017-09-27 02:00:00| Total Telecom industry news
Tata may retain a portion of its Tata Teleservices business, but not its mobile operations, according to an Indian press report this week. There has been talk of Tata selling out of the telecoms space altogether for a number of years…read more on TotalTele.com »
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