History of Tata Teleservices (Maharashtra) Limited (TTML)

Incorporated in 1995, Tata Teleservices (Maharashtra) Limited (TTML) provides wired telecommunication business services, such as data and voice connectivity and cloud services. The company offers a wide range of solutions, such as connectivity, security, collaboration, cloud and SaaS, marketing, etc., for businesses in India under their brand name Tata Tele Business Services (TTBS). In October 2000, the company went public and got listed on the exchange. Tata Teleservices (Maharashtra) Limited started as Hughes Tele.com, which was renamed in 2003. The company started to focus on offering telephony services in Maharashtra. In 2003, Tata Teleservices (Maharashtra) Limited started negotiations with the Airport Authority of India (AAI) to offer Tata Indicom Wi-Fi services at airports. In 2010, the company won the 3G spectrum bid in the Circle of Maharashtra with a bid value of ₹1,257.82 crore. In 2016, TTML won the spectrum in the 1800 MHz band in Mumbai and Maharashtra service areas. In the next year, the company started offering end-to-end solutions to Small and Medium Enterprises (SME) platforms. In 2021, TTML launched their customer experience platform. As of March 2023, Tata Teleservices (Maharashtra) Limited offers telecommunication services to their subscribers in Maharashtra, including Goa telecom circles. The company is partnered with organisations like Google, Microsoft, Zoom, Meta, Fortinet, and Seqrite to offer their services. Tata Teleservices (Maharashtra) Limited offers services to small, medium and large-scale companies across various industries, such as Banking, Financial Services and Insurance (BFSI), Information Technology (IT) and IT-enabled Services (ITeS), Manufacturing, Services, Education, Healthcare, Telecom, Media and Entertainment and Retail.

Business Segments of Tata Teleservices (Maharashtra) Limited 

The services offered by the company are as follows:

• Cloud and SaaS: Under this segment, the company offers specialised cloud management services for Small and Medium Businesses (SMBs).

• Collaboration: Under this segment, TTML provides solutions for businesses to stay connected with their teams and partners.

• Data Services: Under this, the company provides data services, such as smart internet, tele WiFi, smart office, retail broadband, business broadband, etc.

• Voice Services: As the name suggests, under this, the company offers various voice solutions for companies to stay connected.

• Marketing Solutions: In this segment, the company provides marketing solutions, such as toll-free services, call register services, SMS solutions, etc.

• Cyber Security: The company offers cyber security solutions, such as email security, endpoint security, multi-factor authentication, virtual firewall, data loss prevention and web security.

As of March 31, 2023, there are no subsidiary companies under Tata Teleservices (Maharashtra) Limited.

Key Personalities of Tata Teleservices (Maharashtra) Limited

Harjit Singh, Managing Director Harjit Singh is the Managing Director of Tata Teleservices Limited and Tata Teleservices (Maharashtra) Limited. He has about 30 years of experience and has worked at various companies in the Tata Group, such as Tata Housing, Tata Communications, Neotel and Tata AutoComp Systems. He joined Tata Teleservices Limited in 2012.

Corporate Actions of Tata Teleservices (Maharashtra) Limited

Bonus Issue: In 2013, the company announced a bonus share of 2:15 ratio with a record date of August 8, 2013.