Tata Teleservices (Maharashtra) posts 1Q INR347 million loss

17 Jul 2008

Indian telco Tata Teleservices (Maharashtra) has reported a net loss in the three months ended 30 June 2008 of INR347 million (USD8 million), whilst revenue grew 29% to INR5.04 billion. Subscriber figures released show that it had 5.61 million subscribers at the end of the period, representing a 62% increase year-on-year.

India, Tata Teleservices (TTSL, incl. TTML)