Tata Teleservices (Maharashtra) Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price
Introduction
Tata Teleservices (Maharashtra) Limited (TTML), operating in the business of creating solutions for market enterprise customers in connectivity and communication solutions. TTML offers a wide range of services like connectivity, marketing solutions, cloud security, Internet of Things etc... It offers Information and communication technology services to its customers under its brand name 'Tata Tele Business Services (TTBS)' TTML is the subsidiary of Tata Teleservices Limited. The company was established in the year 1995 with its headquarter at Navi Mumbai, India.
As of 1st June,2024, TTML share price is Rs.74.60
Tata Teleservices (Maharashtra) Limited Moves In 2024
TTML share price as of 1st June, 2024 was Rs.74.60
TTML share price as of May,2024 was Rs.74.60
TTML has reported its financial results for the fourth quarter of FY 2024. As per the reports, the revenue of TTML has increased by 15.41% on YoY basis to Rs. 323.29 crore and the reported loss was Rs. 309.34 crores i.e. 11.65% increase in loss on YoY basis.
TTML share price for the month of April was Rs.82.25
TTML share price for the month of March was Rs. 74
TTML has reported its financial results for the third quarter of FY 2024. As per the reports, the overall loss was Rs. 307.69 .The company’s sales rose by 5.01% to Rs. 296.03 crores.
TTML share price for the month of February was Rs.87.45
TTML share price for the month of January was Rs.92.70
Evolution Of Tata Teleservices (Maharashtra) Limited: From Past to Present
|
Year |
Evolution |
|
13th March, 1995 |
Tata Teleservices (Maharashtra) Limited was established as ‘ Hughes Ispat Limited’ with Tata Groups as parent company. |
|
26th April, 2000 |
Company name changed to ‘Hughes Tele.com’ |
|
13th February, 2003 |
Company name changed to ‘ Tata Teleservices (Maharashtra) Limited’ |
|
2008 |
TTML is association with Virgin Group introduced CDMA based mobile services under the brand name ‘ Tata Indicom’ NTT Docomo acquired stakes from Tata Indicom . |
|
2009 |
Launched Mobile voice calling. TTML shifted from CDMA technology to GSM technology. |
|
November, 2010 |
Achieved to be the first telecommunication operator to launch third generation services in India privately. |
|
2011 |
TTML introduced high speed internet services. |
|
2013 |
TTML introduced bonus shares with TTML share price of Rs.10 . |
|
25th April, 2014 |
NTT Docomo sold its shares of Tata Indicom back to TTML |
|
1st April, 2015 |
All TTML mobile services were operated under the brand name ‘ Tata Indicom’. Dropped the brand name ‘ Tata Docomo’ |
|
August, 2017 |
Tata Teleservices sold its mobile operating services to Bharti Airtel . |
|
2019 |
Merger of consumer mobile services of Tata Docomo, Tata Teleservices and TTML with Bharti Airtel. Tata Docomo merged with Bharti Airtel. Tata Teleservices merged with Bharti Airtel. SmartOffice was introduced by Tata Tele Business Services. |
|
2021 |
Cloud communication Suits ‘Smartflo’ was introduced by Tata Tele Business Services. |
|
2023 |
TTML collaborated with Truecaller . TTML launched Smartflo UCaaS |
Tata Teleservices (Maharashtra) Limited Company Information
|
Company Information |
|
|
Name |
Tata Teleservices (Maharashtra) Limited |
|
Founded year |
1995 |
|
Founder |
Tata Sona |
|
Headquarters |
Mumbai, Maharashtra, India |
|
Industry |
Telecommunication |
|
Managing Director |
Harjit Singh |
|
Parent Company |
Tata Group |
|
Revenue |
Rs. 280.13 crore (2023) |
|
NSE code |
NSE: TTML |
|
BSE code |
BSE: 532371 |
Inside Tata Teleservices (Maharashtra) Limited
TTML News
TTML has reported its financial results for the fourth quarter of FY 2024. As per the reports, the revenue of TTML has increased by 15.41% on YoY basis to Rs. 323.29 crore and the reported loss was Rs. 309.34 crores i.e. 11.65% increase in loss on YoY basis.
TTML has reported its financial results for the third quarter of FY 2024. As per the reports, the loss was Rs. 307.69 .The company’s sales have increased by 5.01% to Rs. 296.03 crores.
Tata Teleservices (Maharashtra) Limited Share Price Today
|
Company Name |
Sector |
Share Price Link |
|
Tata Teleservices (Maharashtra) Limited |
Telecommunication |
TTML share price |
Milestones of Tata Teleservices (Maharashtra) Limited
|
Year |
Milestones |
|
1995 |
Incorporation of Tata Teleservices Maharashtra Limited |
|
1997 -1999 |
Provided licensed telecom services in Maharashtra and Goa. |
|
2000 - 2004 |
Introduced Tata Indicom CDMA based mobile services. |
|
2005 |
Merged with Hughes Tele.com |
|
2006 -2008 |
Expanded its CDMA based mobile services. Also provided value added services. |
|
2009 |
Launched GSM mobile services by shifting from CDMA technology. |
|
2010 |
Launched high speed internet broadband services. |
|
2011 |
Launched fibre optic internet network |
|
2012 -2013 |
Expanded its broadband services to include cloud computing and other services into its portfolio. |
|
2014 |
Partnership with NTT Docomo |
|
2015 -2016 |
Expanded into services like Internet on Things and cloud services. |
|
2017 |
Sold consumer mobile services to Bharti Airtel |
|
2018 |
Launched various digital transformation services |
|
2019 |
Strengthened its position in enterprise communication market |
|
2020 |
Launched remote working solutions and digital connectivity |
|
2021 |
Expanded its services in Internet on Things, cloud services, cybersecurity etc… |
|
2022 |
Expanded enterprise solution suite |
|
2023 |
Expanded digital transformation solutions |
Awards & Achievements of Tata Teleservices (Maharashtra) Limited
2023
Award for best in enterprise business services , business process innovation, enterprise services in voice and data.
Award for best in CEP innovation and sales establishment.
Best in digital marketing, product and smart internet award for the year 2023.
Conclusion
Tata Tele Business services , parent company of TTML have together achieved to be the leading market player in enterprise data and voice-based services with 132000 km optic fibre connectivity all over the country, operating in 60+ cities, 1800+ channel partners.
Trade smarter with Enrich Money – our platform empowers you with the best app for stock trading which provides access to comprehensive tools and insights to navigate volatile markets and minimize risk, ensuring informed investment decisions..
Frequently Asked Questions
What is the TTML Share price Today?
You can check Tata Teleservices share price today on Enrich Money's stock analysis page.
Where can I find the live share price of Tata Teleservices ?
You can find the TTML share price live at Enrich Money.
Where can I find detailed analysis of Tata Teleservices Maharashtra share price?
You can find the detailed analysis on TTML share price at Enrich Money’s stock analysis page.
Where to find today's TTML share price?
You can find the TTML share price at Enrich Money.
What is the TTML Share Price target in 2024?
TTML share price target for the year 2024 would be Rs. 119. For real-time insights on TTML Share Price, visit Enrich Money
Disclaimer: This blog is dedicated exclusively for educational purposes. Please note that the securities and investments mentioned here are provided for informative purposes only and should not be construed as recommendations. Kindly ensure thorough research prior to making any investment decisions. Participation in the securities market carries inherent risks, and it's important to carefully review all associated documents before committing to investments. Please be aware that the attainment of investment objectives is not guaranteed. It's important to note that the past performance of securities and instruments does not reliably predict future performance.
