Tata Teleservices going to shutdown its telecom service in Assam, Jammu & Kashmir and North East By Jan 2013. Tata Teleservice lost its license of CDMA spectrum in these areas after Supreme Court cancelled 122 telecom licenses this year.
Tata Teleservice made a deposit of Rs.22.5 crore for CDMA spectrum in 800MHz band for Assam, Jammu & Kashmir and North East and later they withdraw application for CDMA spectrum auction showing the cause of high reserve price of of 800MHz spectrum.
Now TATA has no license for the spectrum in 800MHz band to operate in Assam, Jammu & Kashmir and North East circles.
“TTSL will close down its operations in these three circles with effect from January 18, 2013 and has begun to take the necessary measures with respect to its employees, customers and business partners in these circles,” according to company report.
Government fixed the reserve price of Rs.4,550 crore for 800MHZ band which is 1/3 of reserve price of 1800MHz band (Rs. 14,000 crore).
Tata Teleservices failed to collect higher revenue from these three areas due to very low amount of subscribers which is near about 3 lakh.
According to new report,Tata Teleservices collected following profits from these three circle
Assam :- Rs 14.08 crore revenues from 1.28 lakh subscribers
Jammu & Kashmir :- Rs 10.68 crore from 1.13 lakh subscribers
North East :- Rs 7.33 crore from 80,105 subscribers
Tata Teleservices left one option for their subscribers – that is MNP – just port from the network to enjoy seamless service without changing your favorite number.