Tata Teleservices revival on the cards for new tech-powered SuperApp
The Tata SuperApp is expected to bring all the group's products as well as services under one platform and enable sales to consumers directly
Tata group | Tata Teleservices
Anoop Singh |
Last Updated at October 19, 2020 14:55 IST
The Tata group is looking at reviving Tata Teleservices by taking the latter’s technical expertise and enterprise solutions for its SuperApp, which is being built.
The Tata SuperApp is expected to bring all the group’s products as well as services under one platform and enable sales to consumers directly.
The SuperApp is targeted to be launched by December this year.
Tata Sons, the group’s holding company, has infused about Rs 46,595 crore since January 2014 into Tata Teleservices and Tata Teleservices (Maharashtra) but has got no returns.
After the demerger of its consumer mobile business to Bharti Airtel, the company was left with the enterprise segment, which has earned PBILDT (profit before interest, lease, depreciation, and tax) of Rs 37 crore in the first quarter of the current financial year.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard
First Published: Mon, October 19 2020. 13:42 IST