India’s leading telecommunication company Tata Communications is also looking to enter 4G space in coming days. Tata Communications took part in the BWA auction but left with no win. In 2G & 3G space Tata Teleservices is not even in top 3 slots, but India's iconic business group cannot ignore the potential of 4th generation wireless broadband services in India and targets an entry into 4G segment. Now some reports... Read More
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
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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