MoneyWorks4Me analysed the past 10-year performance of Tata Teleservices (Maharashtra) Ltd and arrived at the following conclusion:
The 5-year analysis of Tata Teleservices (Maharashtra) Ltd's performance infers:
We analysed the performance of Tata Teleservices (Maharashtra) Ltd share prices over the last 10 years. Here is what we found out:
Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa. Earlier, the company was known as Hughes Telecom (India), which was incorporated in March 1995. Later in February 2003 it was renamed as Tata Teleservices Maharashtra (TTML)
TTML provides a range of telephony services such as mobile, fixed wireless phones (FWP), public telephone booths & wireline services. Its suite of broadband data network and application services include leased lines, DSL, Wi-Fi, Ethernet, Managed Gateway services & Web Conferencing services. It stands at the fourth position in areas of operation.
â€œVirgin Mobileâ€ branded services are being offered by Tata Teleservices Maharashtra (TTML) and Tata Teleservices (TTSL) in order to attract Indian youth.
During March 2008, Tata Teleservices Maharashtra crossed the 5 million subscribers mark. In October 2009, Tata Teleservices Maharashtra crossed the 10 million subscribers mark. In November 2010, TTML become the first private operator to launch its 3G services in the â€˜Rest of Maharashtraâ€™ telecom circle.
In March 2011, Tata Teleservices (Maharashtra) and Jet Airways, Indiaâ€™s leading airline, have entered into an exclusive partnership to offer something unique for members of JetPrivilege, Jet Airwaysâ€™ award-winning Frequent Flyer Program.
In 2013- Tata DOCOMO, entered into an exclusive partnership with GMR Airports, a global leader in creating world class private Airport infrastructure, to offer high-speed Wi-Fi services at Indira Gandhi International Airport - Terminal 3 in Delhi and Rajiv Gandhi Hyderabad International Airport, Hyderabad.
Products and Services
The company is focusing on penetrating the market to increase its presence. In the wireless/mobile segment it has a subscriber base of 46.80 lakh. It has introducing new handsets at attractive prices and special tariff plans .
It has entered into an roaming agreement with Tata Teleservices (TTSL) that will offer services in 18 other telecom circles, due to which subscribers can enjoy pan-India mobility.
The company has opened True Value Shops, its franchisee models, which gives a platform to display its products and services.
It also has a web-based online retail store called â€˜i-Chooseâ€™. This enables a customer to buy a handset with options to choose a tariff plan and has an online payment facility.
TTML has also started CDMA wireless services in 208 new towns in Maharashtra and Goa.
It has also launched USB plug-to-surf modems catering to laptop and desktop users.