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In Nov 2008, Japanese telecom giant NTT Docomo picked up a 26 per cent equity stake in Tata Teleservices for about Rs 13,070 crore ($2.7 billion) or an enterprise value of Rs 50,269 crore ($10.38 billion). In Feb 2008, TTSL announced that it would provide CDMA mobile services targeted towards the youth, in association with the Virgin Group on a Franchisee model basis. Tata Teleservices Provides mobile services under 4 Brand names: *Tata Indicom (CDMA Mobile operator) *Tata DoCoMo (GSM Mobile operator) *Virgin Mobile (CDMA Mobile operator) *Virgin Mobile (GSM Mobile operator) *T24 Mobile (GSM Mobile Operator) |