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Tata Indicom emerges as fastest growing telecom
The Hindu — September 5, 2007

Tata Indicom, has emerged as the fastest-growing wireless operator in the country, increasing its marketshare from 3.53 per cent in March 2004 to 9.7 per cent in March 2007.

Tata Indicom is the brand under which Tata Group's Tata Teleservices offers its integrated telecom solutions to its customers.

Almost all other players registered a decline in their market share in the same period, the company, quoting the latest data published by the Telecom Regulatory Authority of India (TRAI) for the year-ending March 2007, said in a release today.

"Data published by TRAI is yet another acknowledgement of the fact that Tata Indicom is the preferred service provider for Indian mobile users across all segments," Tata Teleservices' president (corporate affairs) Ashok Sud said in the release.

"It also bears a testimony to the trust of our valued subscribers as well as strength of our superior next- generation network, customer friendly and innovative products and services," he added.

Since establishing a pan-India presence in March 2005, Tata Teleservices has clocked a compounded annual growth rate (CAGR) of 112 per cent, the highest in the industry.

Tata Indicom added close to 7.6 million subscribers in the last fiscal, resulting in a year-on-year increase of 86 per cent in its total subscriber base, again the highest in the country, the release added.

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