Tata Tata Teleservices Q1 gross revenues dip 6 percent

Xen

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Official Info
Tata Teleservices (Tata Docomo) has posted 5.75 percent decrease in gross revenue in the first quarter of fiscal 2014 to Rs 2,833 crore.

The dip in gross revenue is mainly due to exit of the telecom operator from select circles.

Tata-Docomo.jpg


Tata Teleservices gross revenue does not include its revenue from Tata Teleservices Maharashtra (TTML) that operates in Maharashtra and Goa circles.

For comparison, Aircel gross revenue in the first quarter of 2013-14 increased 9.9 percent to Rs 2,600 crore from Rs 2,366 crore in the same period previous fiscal.

Sistema Shyam TeleServices (MTS India) revenue decreased 30 percent year-on-year to $52 million in the second quarter of 2013. Closure of telecom circles impacted the growth in revenue.


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