Tata Teleservices Migrates to Unified Licence in Three Circles
Tata Teleservices Ltd, a Mumbai-headquartered telecommunications service provider, has migrated its telecom businesses to new Unified Licence in three circles. In a letter to two main stock exchanges for equity trading in India, Tata Teleservices has disclosed that it has migrated to three telecom circles including Mumbai, Maharashtra and Andhra Pradesh.
A Letter to Stock Exchange:
In BSE and NSE filing, the telecom operator said, “As per the guidelines announced by the Department of Telecommunications, the UAS licensing regime has been replaced with an umbrella licence called Unified Licence. In view of the above, the company had applied for migration of its UAS licences in Mumbai and Maharashtra for ISP licence to Unified Licence (UL).”
It is to be noted that two Unified Access Service licences (UAS) for Mumbai and Maharashtra service area are expiring in September 2017. Even the Andhra Pradesh operations have been migrated to Unified License. There is no change in the validity of spectrum currently held by Tata Teleservices Ltd as the spectrum has been delinked from Unified Licence. Moreover, the Unified Licence is valid for 20 years effective November 2nd, 2016.
Tata Teleservices - A Key Driver of the Telecom Revolution:
Tata Teleservices Limited has been a key driver of the telecom revolution in India. Currently, Tata Teleservices provides mobile services under the brand names of Tata DoCoMo and T24 Mobile to consumers across the country. It is the first private telecom operator to announce the launch of 3G services in India in November 2010. In the recently held auction, the company has got hold of spectrum for ₹ 4,619.2 crores for continual of operations in Andhra Pradesh, Maharashtra and Mumbai.