Business Standard

Telecom exposure of Tata group stands at Rs 47,000 crore

At the end of March this year, various Tata group companies led by Tata Sons had made cumulative equity investments of Rs 11,653 cr in TTSL

Tata Motors
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Tata Motors

Krishna KantDev Chatterjee Mumbai
After its exit from the consumer mobile business, the Tata group, which had invested Rs 47,208 crore in the past 15 years through equity and debt, would now have two businesses — enterprise business and retail fixed-line and broadband business. Besides, it would have a 32 per cent stake in Viom Networks. 

Going by the announcement, Bharti Airtel would not take any debt liability of Tata Teleservices (TTSL) and Tata Teleservices (Maharashtra) (TTML), except for a small spectrum payout liability.


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