July 1, 2019
SSE Limited National Stock Exchange of India Limited Listing Department Listing Department P. J. Towers, Exchange Plaza, Plot No. C-1 , Block G, Dalal Street, Fort Sandra Kurla Complex, Mumbai - 400001 Sandra (E), Mumbai - 400 051
Scrip Code: 532371 Scrip Symbol: TTML
Dear Sir I Madam,
Subject: Press Release .' We enclose herewith the Press Release dated July 1, 2019 being issued which is self explanatory.
This is for your information and records.
Thanking you,
Yours faithfully, For Tata Teleservices (Maharashtra) Limited ~)r ~ o ~. st '" amnaskar , Assistant Company Secretary
End : As stated above.
TATA TELESERVICES (MAHARASHTRA) LIMITED Reg istered Office :Voltas Premises T. B. Kadam Marg Chinchpokli Mumbai 400 03 3 Tel. : 91 226667 1414 Fax: 91 22 6660 5335 email : [email protected] ( IN : L64200MH1 99SP l C086354 Website www.tatateleservices.com
‘ For immediate use PRESS STATEMENT
New Delhi, 1st July,2019: This announcement is regarding the merger of the Consumer Mobile Businesses of Tata Teleservices Limited (TTSL) and Tata Teleservices (Maharashtra) Limited (TTML) into Bharti Airtel Limited and Bharti Hexacom Limited (Airtel). Following the Hon’ble TDSAT’s order directing the DOT to take the merger on record and approval of the schemes of arrangement by Hon’ble NCLT, Delhi and Hon’ble NCLT, Mumbai, we are pleased to announce that the schemes of arrangement have become effective today i.e. 1st July 2019. Consequently, all customers, assets, spectrum and agreed liabilities of the Consumer Mobile Businesses of TTSL and TTML now stand merged with Airtel.
About Bharti Airtel
Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in terms of subscribers. In India, the company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed home broadband, DTH, enterprise services including national & international long-distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless services and mobile commerce. Bharti Airtel had over 403 million customers across its operations at the end of March 2019. To know more please visit, www.airtel.com
About TTL: Tata Teleservices Limited
Tata Teleservices (TTL) is a growing market leader in the Enterprise space and offers a comprehensive portfolio of Voice, Data and Managed services to small, medium and large Enterprises. TTL has an extensive high capacity wireline network that allows it to offer its products and services in more than 60 cities across India with a team of 1,300 + professionals and 1,100 channel partners. TTL has one of the largest Enterprise focused teams, which through its physical reach, deep customer engagement and technology orientation offers a differentiating service experience to its customers. For details, visit www.tatateleservices.com For further information, please contact:
Bharti Airtel:
Raza Khan – [email protected],M: 9871391881/ Ashutosh Sharma – [email protected], M: 9818763772/Prem Subedi – [email protected], M: 9810868873
Tata Teleservices: Anupama Chopra - [email protected] - M: 9810203445