Tata Teleservices (Maharashtra) Share Price

Tata Tele Business Services Limited (TTBSL), formally known as Tata Tele Services Limited (TTSL), is one of the well-known Indian Broadband telecommunications and cloud service providers in India. TTML  is an Indian conglomerate which is a subsidiary of the well-known Tata Group based in Mumbai, Maharashtra India. 

The key in charge of Tata Teleservices (Maharashtra) is Kush Swatantra Bhatnagar as CFO, Harjit Singh as Manager and Vrushali Neelesh Dhamnaskar as Company Secretary. Narendra Damodar Jadhav, Thambiah Elango, Ramanathan Kumar and 3 other members are presently associated as directors.

Tata Teleservices (Maharashtra) as a telecom operator is licensed for both GSM (Global System for Mobile Communication) and CDMA (Code Division Multiple Access) mobile services. Tata Teleservices (Maharashtra)  has been providing quality telecom services to its customers and has expanded its network coverage and technological capabilities which has in return brought better revenue generation that has profited all investors who brought TTML Shares. According to the revenue collection reports, it states that TTML has been recorded to have collected over Rupees 2798.64 crore in one financial year.

History of Tata Teleservices (Maharashtra)

Tata Teleservices (Maharashtra)  is a subsidiary company under Tata Sons founded in 1996. In early 2008, TTSL, one of the merging companies made an announcement to provide CDMA services.  TTML made a strategic partnership with Japan’s NTT DOCOMO  to strengthen the TTML position.

In 2012, TTSL launched GSM mobile service as Tata Docomo which allowed a broader consumer base to bring in more profits. 2017 marks a milestone for Tata Teleservices (Maharashtra)   when it decided to merge its operations with Tata Teleservices (Maharashtra). 

The merger between TTML and Bharti Airtel was completed, leading to the transfer of TTML's consumer mobile business to Airtel. However, TTML continued its operations in Maharashtra, focusing on providing enterprise services and broadband connectivity. Since the merger, TTML has been leveraging its infrastructure and expertise to serve enterprise customers and deliver broadband services in Maharashtra.

Tata Teleservices (Maharashtra) Ltd: Awards Received

● TTML -Innovation and Technology (Inn-Tech) Award 2021 for the “Best Innovation by a Communications Sector Enterprise” recognising Smartflo
● TTML -CIO Select Awards 2021 for “Integrated telco-grade Cloud Communication Suite (Smartflo)”
● TTML- CII Customer Obsession Award 2018 for “Active Customer Engagement”
● TTML -TelecomLead “Product Innovation Award 2018” for SmartOffice® product.

Important Facts on  Tata Teleservices (Maharashtra)

TTML is a subsidiary of Tata Teleservices Limited (TTSL), which is part of the Tata Group, one of India's largest business conglomerates. Although TTML primarily operates in the state of Maharashtra, offering telecommunication services to both retail and enterprise customers. Its services include mobile voice and data, broadband internet, fixed-line services, and enterprise solutions.

In 2009, TTSL entered into a strategic partnership with NTT DOCOMO, one of the leading mobile operators globally. This partnership brought technological expertise and financial support to TTSL and its subsidiaries, including TTML.
In 2017, TTML announced its merger with Bharti Airtel, one of India's largest telecom operators. As a result, TTML transferred its consumer mobile business to Airtel while continuing its operations in Maharashtra, focusing on enterprise services and broadband connectivity.

TTML has been involved in initiatives to enhance digital connectivity in rural areas and promote digital inclusion. These efforts aim to bridge the digital divide and provide access to telecom services to underserved communities.

Over the years, TTML has built a significant customer base in Maharashtra, catering to both individual consumers and businesses with its telecom and broadband services.TTML Shares prices have been varying in the NSE and BSE but investors are happy with the returns the TTML shares have brought it.

Tata Teleservices (Maharashtra) Limited (TTML) offers a range of telecommunication services including mobile voice and data, broadband internet, fixed-line services, and enterprise solutions. TTML has its own network infrastructure and has been licensed to provide both GSM and CDMA mobile services. The company has a strong presence in Maharashtra, serving a diverse customer base. 

While it faced financial challenges and decided to exit the consumer mobile business in most circles, TTML continues to focus on enterprise services and broadband connectivity. With its affiliation to the Tata Group and its ongoing efforts to enhance digital connectivity, TTML plays a significant role in the telecommunications industry in Maharashtra.