CleanupBot II: Removed empty portal template using script

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Removed empty portal template using script

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	==See also==		==See also==
	~~{{Portal\|Companies}}~~
	* [[Mobile phone companies of India]]		* [[Mobile phone companies of India]]
	* [[VSNL]]		* [[VSNL]]

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2021-08-27T14:43:12Z

revert promotional b*llsh*t

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{{Short description|Indian telecommunications company}}
{{Distinguish|Tata Communications}}
{{Update|date=July 2019}}
{{Use Indian English|date=June 2014}}
{{Use dmy dates|date=June 2014}}

{{Infobox company
| name = Tata Teleservices Limited
| logo = Tata Tele Logo.svg
| type = [[Public company|Public]]
| traded_as = {{NSE|TTML}} <br> {{BSE|532371}}
| ISIN = INE517B01013
| industry = [[Telecommunication]]
| foundation = 1996
| founder = Ratan Tata
| location = [[Mumbai]], [[Maharashtra]], India
| area_served = India
| key_people = [[Ratan Tata]] (Interim Chairman)<ref>{{cite web |title=Ratan Tata named the Interim Chairman after the Board votes out Cyrus Mistry |url=http://www.tata.com/article/inside/tata-sons-chairman-selection-committee|publisher=Tata Group|access-date=24 October 2016}}</ref><br />[[Srinath Narasimhan ]] (MD & CEO)
| products = {{Unbulleted list|[[Landline|Fixed-line telephone]]|[[Fixed-line|Fixed-line internet]]|[[Broadband]]|[[Internet|Internet services]]|[[Digital television]]|Network services}}
| revenue = {{INRConvert|3191|c}} (2017)<ref>{{cite web|url=http://www.moneycontrol.com/stocks/company_info/print_main.php |title=>> Company Info >> Print Financials |publisher=Moneycontrol.com |access-date=2012-06-28}}</ref>
| owner =
| members = 45 million <ref>{{cite web |url=https://economictimes.indiatimes.com/tech/internet/tata-teleservices-users-to-be-moved-to-airtel-under-icr-pact/articleshow/61755712.cms |title= Tata Tele Growth |publisher= Economic Times |date=23 November 2016 |access-date=30 November 2016 }}</ref>
| members_year = 2017
| num_employees =
| parent = [[Tata Group]]
| divisions = {{Unbulleted list
| [[Fixed line telephone|Landline]]
| [[Broadband]]
| [[Television]]
}}
| homepage =
| networth =
}}

'''Tata Tele Business Services Limited''' (TTBSL), formally known as '''Tata Tele Services Limited''' (TTSL), is an Indian [[broadband Internet access|broadband]] and [[telecommunication]]s service provider based in [[Mumbai]]. It is a subsidiary of the [[Tata Group]], an Indian conglomerate. It operated fixed line services under the brand name '''Tata Tele Broadband''' in various telecom circles of India.
Tata Teleservices used to provide mobile services under [[Tata DoCoMo]] (GSM mobile operator, wireless broadband).

In August 2017, Tata Teleservices sought to exit mobile network division due to large losses and debt, then sold its unit to [[Bharti Airtel]] in a debt free and cash-free deal and described as virtually free; [[Airtel]] will only pay a part of Tata Teleservices's unpaid spectrum payment liability.<ref>{{cite web | url=https://timesofindia.indiatimes.com/business/india-business/tatas-exit-mobile-biz-merge-loss-making-unit-with-airtel/articleshow/61060247.cms | title=Tatas exit mobile biz, merge loss-making unit with Airtel | publisher=[[Times of India]] | work=Pankaj Doval and Reeba Zachariah | date=13 October 2017 | access-date=13 October 2017}}</ref><ref>{{cite web | url=http://economictimes.indiatimes.com/news/company/corporate-trends/tata-teleservices-to-sell-its-wireless-mobile-business-to-bharti-airtel/articleshow/61051618.cms | title=Tata Teleservices to sell its wireless mobile business to Bharti Airtel | publisher=[[The Economic Times]] | work=Arijit Barman, Romit Guha | date=13 October 2017 | access-date=13 October 2017}}</ref><ref>{{cite web | url=http://www.firstpost.com/business/bharti-airtel-gets-tata-teleservices-mobile-unit-for-nothing-all-you-need-to-know-about-the-deal-4138127.html | title=Bharti Airtel gets Tata Teleservices' mobile unit for nothing: All you need to know about the deal | publisher=Firstpost | date=13 October 2017 | access-date=13 October 2017}}</ref> In November 2017, Tata Teleservices customers transitioned to the Airtel mobile network under an Intra Circle Roaming (ICR) arrangement. [[SIM card]]s and billing plans remained the same.<ref>{{cite web | url=https://www.airtel.in/press-release/11-2017/tata-teleservices-mobile-customers-start-transitioning-to-airtel-network |title= Tata Teleservices mobile customers transition to Airtel |publisher= Airtel |date=22 November 2017 |access-date= 1 July 2019 }}</ref> The consumer mobile businesses of Tata Docomo, '''Tata Teleservices''' (TTSL) and Tata Teleservices Maharashtra Limited (TTML) have been merged into [[Bharti Airtel]] from 1 July 2019.<ref>{{cite web|url=https://www.livemint.com/industry/telecom/airtel-completes-merger-of-tata-teleservices-consumer-mobile-business-1562001016569.html|title=Airtel Completes Merger of Tata|date=1 July 2019|publisher=Livemint|access-date=4 July 2019}}</ref><ref>{{cite web|url=https://www.thehindubusinessline.com/info-tech/airtel-tata-tele-merger-completed/article28251509.ece|title=Airtel's Tata merger deal|date=1 July 2019|publisher=Business Line|access-date=3 July 2019}}</ref><ref>{{cite web|url=https://economictimes.com/industry/telecom/telecom-news/tata-teleservices-merger-dot-seeks-rs-7200-crore-bank-guarantee-from-airtel/articleshow/68833052.cms|title=DoT approved deal of Tata and Bharti Airtel|date=11 April 2019|publisher=Economic Times|access-date=5 May 2019}}</ref>

==History ==

In February 2008, TTSL announced that it would provide [[CDMA]] mobile services targeted towards the youth, in association with the [[Virgin Group]] on a franchisee model basis.

In November 2008, Japanese telecom giant [[NTT Docomo]] picked up a 26 per cent equity stake in Tata Indicom, a subsidiary of Tata Teleservices, for about {{INRConvert|130.7|b}} or an [[enterprise value]] of {{INRConvert|502.69|b}}.<ref>{{cite web|url=http://www.business-standard.com/india/storypage.php?tp=on&autono=49385 |title=NTT DoCoMo buys 26% in Tata Tele for $2.7 bn |publisher=Business-standard.com |access-date=2010-07-16}}</ref>

[[NTT DoCoMo]] announced on 25 April 2014 that they would sell 100% of their shares in Tata Indicom to Tata Teleservices and exit Indian market. The company had reported a loss of $780 million during financial year ending 31 March 2014.<ref>[http://in.reuters.com/article/uk-ntt-docomo-tata-teleserv-idINKBN0DB00X20140425 Docomo Exit]</ref>

By 1 April 2015, all Virgin Mobile CDMA & [[GSM]] customers have been migrated into the umbrella Tata Indicom brand (Tata Indicom for Mumbai NCR).

On 9 October 2017 Tata Teleservices announced it is preparing an exit plan for most of its 5,000-odd employees, which includes a notice of three to six months, severance packages for those willing to leave earlier, a voluntary retirement scheme (VRS) for elders, while transferring only a small part of its employees to other group companies.<ref>{{Cite news|url=http://economictimes.indiatimes.com/articleshow/60997241.cms|title=Tata Teleservices prepares exit plan for staff|last=Sengupta|first=Devina|date=2017-10-09|work=The Economic Times|access-date=2017-10-09}}</ref>

On 12 October 2017, Bharti Airtel announced that it would acquire the consumer mobile businesses of Tata Teleservices Ltd (TTSL) and Tata Teleservices Maharastra Ltd (TTML) in a debt-free cash-free deal. The deal will essentially be free for Airtel which will only incur TTSL's unpaid spectrum payment liability. TTSL will continue to operate its enterprise, fixed line and broadband businesses and its stake in tower company Viom Networks.<ref>{{cite web|title=Bharti Airtel to acquire Tata's mobile business on debt-free cash-free basis|url=http://www.businesstoday.in/current/corporate/bharti-airtel-acquire-tata-teleservices-ttsl-consumer-mobile-business/story/261930.html|website=www.businesstoday.in|access-date=18 November 2017}}</ref><ref>{{cite web|title=Tata and Bharti to combine consumer telecom business via @tatacompanies|url=http://www.tata.com/company/releasesinside/tata-bharti-combine-telecom-business|website=tata.com|access-date=18 November 2017|language=en}}</ref><ref>{{cite web|last1=Kurup|first1=Rajesh|title=Tata Tele hangs up on mobile business; Airtel picks it up|url=http://www.thehindubusinessline.com/info-tech/bharti-airtel-to-merge-consumer-mobile-business-of-tata-teleservices/article9901695.ece|website=The Hindu Business Line|access-date=18 November 2017|language=en|date=12 October 2017}}</ref> The deal received approval from the [[Competition Commission of India]] (CCI) in mid-November 2017.<ref>{{cite web|title=Bharti Airtel-Tata Tele Merger Deal Gets CCI Approval|url=http://www.news18.com/news/business/bharti-airtel-tata-tele-merger-deal-gets-cci-approval-1579393.html|website=News18|access-date=18 November 2017}}</ref><ref>{{cite web|title=Airtel receives CCI nod for Tata Tele's consumer business buy – ET Telecom|url=https://telecom.economictimes.indiatimes.com/news/airtel-receives-cci-nod-for-tata-teles-consumer-business-buy/61675791|website=ETTelecom.com|access-date=18 November 2017|language=en}}</ref> On 29 August 2018, Bharti Airtel, got its shareholders approval for the merger proposal with Tata Teleservices.<ref>{{cite news |title=Bharti Airtel shareholders approve merger proposal with Tata Teleservices |url=https://economictimes.indiatimes.com/industry/telecom/telecom-news/bharti-airtel-shareholders-approve-merger-proposal-with-tata-teleservices/articleshow/65598475.cms |access-date=18 September 2018 |publisher=Economic Times |date=29 August 2018}}</ref>

On 17 January 2019 NCLT Delhi gave final approval merger between Tata Docomo and Airtel.<ref>{{cite news |title=NCLT approves merger of Tata Teleservices with Bharti Airtel|url=https://economictimes.indiatimes.com/markets/stocks/news/nclt-approves-merger-of-tata-teleservices-with-bharti-airtel/articleshow/67628329.cms |access-date=12 February 2019 |publisher=Economic Times |date=21 January 2019}}</ref> Department of Telecom (DoT), and Competition Commission of India (CCI) gave green signals for merger deal between [[Bharti Airtel]] and Tata Teleservices.<ref>{{cite web | url=https://economictimes.com/industry/telecom/telecom-news/tata-teleservices-merger-dot-seeks-rs-7200-crore-bank-guarantee-from-airtel/articleshow/68833052.cms |title= DoT approved deal of Tata and Bharti Airtel |publisher= Economic Times |date=11 April 2019 |access-date= 5 May 2019 }}</ref> The consumer mobile businesses of Tata Docomo, Tata Teleservices (TTSL) and Tata Teleservices Maharashtra Limited (TTML) have been merged into [[Bharti Airtel]] from 1 July 2019.<ref>{{cite web | url=https://www.livemint.com/industry/telecom/airtel-completes-merger-of-tata-teleservices-consumer-mobile-business-1562001016569.html |title= Airtel Completes Merger of Tata |publisher= Livemint |date=1 July 2019 |access-date=4 July 2019 }}</ref>

==See also==
{{Portal|Companies}}
* [[Mobile phone companies of India]]
* [[VSNL]]

==References==
{{Reflist}}

{{Tata Group}}
{{Telecommunication companies of India}}
{{Major telecommunications companies}}
{{Authority control}}

[[Category:Companies based in Mumbai]]
[[Category:Telecommunications companies of India]]
[[Category:Tata Sons subsidiaries]]
[[Category:Internet service providers of India]]
[[Category:Mobile phone companies of India]]
[[Category:Telecommunications companies established in 1996]]
[[Category:Communications in Maharashtra]]
[[Category:Tata Teleservices]]
[[Category:Indian companies established in 1996]]
[[Category:1996 establishments in Maharashtra]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Tata Teleservices - Revision history

CleanupBot II: Removed empty portal template using script

imported>Mean as custard: revert promotional b*llsh*t

imported>Mean as custard: revert promotional bllsht