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Tata Teleservices on an aggressive growth path
Plans to invest Rs. 500 crore in the next six months
July 27, 2001

Hyderabad: Tata Teleservices, the private basic telephone service provider for Andhra Pradesh, will invest an additional Rs.500 crore in the state, over the next six months. This will raise the company’s total investment in Andhra Pradesh to Rs.1600 crore. The company will focus on increasing its geographical coverage and will introduce innovative technology to meet the changing needs of consumers.

On the occasion Mr S Ramakrishnan, managing director, Tata Teleservices Limited said, " Tata Teleservices has always been in the forefront of providing quality products and services to its customers. In the past two years we have been successful in entering major towns in Andhra Pradesh and have offered a range of products and services. It is now time to focus on expanding our network and provide innovative solutions to meet customer expectations."

The company will unveil a range of innovative customer centric products and services in the coming months powered by new technology, which would enable in bringing world-class telephony to the customers’ doorstep. Tata Teleservices will also expand its coverage by installing more than 1,000 kilometers of optical fibre cables, linking Hyderabad, Vijayawada, Guntur, Vizag, Nellore and Tirupathi. The company plans to double the number of cell sites to expand its wireless coverage area in Hyderabad and Vijayawada. The company will also be rolling out its services in Rajamundhry, Kakinada, Yeluru, Tirupati and Nellore in next six months.

Ajay Pandey, Chief Operating Officer, Tata Teleservices Limited said, "The vision of becoming a customer-focused organisation offering quality, convenience and accessibility has always been the core of our business model. After mapping our customer expectations, we plan to aggressively bring new technology, add innovative products and services and increase the coverage area to make a major leap into the future. Our plan is based on providing further value addition to our existing customers and integrate our operations to bring increased efficiency, enhanced flexibility and expanded reach."

Background information:
Tata Teleservices Limited is a part of the Tata Group, India's largest business house with 82 companies. Tata Group has over 260 thousand employees, with 2.7 million shareholders and has a turnover of US$ 8.8 billion.


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