Quippo Telecom Infrastructure Ltd

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March 18th, 2010 11:20 AM 2 COMMENTS

TTML Sells Mobile Tower Biz To Quippo

In a bid to strengthening its Telecom services (Voice and Data segment) Tata Teleservices (Maharashtra) divest 100% stake in its tower subsidiary to Quippo-WTTIL valued at Rs 1,318 crore. TTML holds 2,535 towers in Mumbai, Maharashtra and Goa telecom circle under its wholly owned subsidiary 21st Century Infra Tele Ltd which are now sold to the Quippo-WTTIL. Mukund Govind Rajan, Managing Director, Tata Teleservices (Maharashtra) Ltd. (TTML), said "We are... Read More

October 19th, 2009 11:04 AM 15 COMMENTS

Tower Business Heating Up With BSNL’s Entry

Downtime-proof Indian Telecom Industry scenario is changing everyday! While every month record number of subscribers are added to mobile operators, Indian mobile users enjoying cheapest tariff over globe - tariff varies from 0.02 - 0.006$, generating very low ARPU for telecom operators. All these tends to mobile operators,existing or future-dated to cut down extra costs as possible, and offer better services to the subscribers. Indian telecom sector is full of potential... Read More

August 27th, 2009 5:57 PM 2 COMMENTS

QTIL COMPLETES MERGER WITH TATA TELESERVICE LIMITED

Quippo Telecom Infrastructure Limited (QTIL) sponsored by Kanoria’s of SREI Infrastructure Finance Limited and Wireless-TT Info-Services Limited (WTTIL) the tower arm of Tata Teleservices Limited (TTSL), announced the completion of the transaction of merging the two companies along  the same terms as their announcement in January 2009. Mr. Sunil Kanoria, Vice Chairman & Managing Director,  Quippo Group quoted "There is no change in the deal structure. We will make upfront... Read More

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