1986 - The Company was Incorporated on 19th August, at Mumbai. The
Company was promoted by Tata Industries Ltd. (TIL).
- The Company's object is to manufacture electronic private
automatic branch exchange (EPABX). The Company also provides
certain services such as software integration, installation,
commissioning and service support.
- TIL signed a technical assistance and licence agreement and a
supplementary agreement with OKI Electric Industry Co. Ltd.
of Japan. In terms of the collaboration agreement, OKI would
provide to the Company know-how for the full range of EPABXs
starting from 40 lines for their model IX-10 to the IOX
which goes upto 7,000 lines.
- The agreement also provided for training of the Company's
personnel in OKI's factories and for guarantee of OKI for the
qualitative and quantitative aspects of EPABXs. The
collaboration agreement would be valid for a period of 5 years
from the date of commencement of production. The Company were
pay OKI technical assistance fees, documentation fees, etc.,
royalty at the rate of 4% on ex-factory sales less value of
bought out items as stipulated on the agreement.
1987 - 20 shares subscribed for by the signatories to the Memorandum
of Association. 44,99,980 shares then issued at par out of
the following shares were reserved and allotted on a firm
- (i) 26,99,980 shares to promoters, directors etc.,
- (ii) 1,50,000 shares to UTI
- (iii) 1,50,000 shares to LIC and
- (iv) 1,50,000 shares to GIC and its subsidiaries. Out of the
remaining 13,50,000 shares, 2,25,000 shares were reserved for
preferential allotment to employees/workers of the Company
only 10,200 shares taken up. The balance 11,25,000 shares
with the 2,14,800 shares not taken up by employees, offered
the public in 1988.
1990 - New service centres were opened at Guwahati, Nagpur, Pune,
- The Research and Development unit introduced 2 new EPABXs a
line EPABX and a unique `talking' 300 line EPABX. Notable
other products introduced was the Automatic Line Test system
was to significantly improve maintenance and facilities on
EPABX systems such as those used in steel plants.
1991 - The Company had executed a technology transfer and licence
agreement with Japan Radio Co. Ltd. (JRC) for 30 and 120
digital UHF equipment.
- A joint venture agreement was executed for the establishment
new company called Trans India Network Systems Pvt. Ltd., in
technical and financial collaboration with AT & T Network
International Inc. USA., for the manufacture of SLC 120
access systems and associated modules, OPTIMUX and 2Mb/S
and MAR systems.
- Both AT & T and the Company proposed to take up 50% each in
equity capital of the joint venture.
- A new 150 line PABX was introduced. The Research and
unit had developed several new software packages such as a
call change package and several new features on PABX. A
prototype for 10 channel digital UHF equipment was ready and
was under installation.
1993 - The Company issued 56,25,000 No. of equity shares of Rs.10
at a prem. of Rs.50 per share on rights basis in the prop. of
- Another 2,81,250 No. of equity shares of Rs.10 each at a prem.
Rs.50 per share were to be offered on preferential basis to
employees, including the working directors of the Company on
equitable basis. Totally 56,78,700 shares were allotted.
- 56,78,700 shares allotted to shareholders and employees on
1994 - The Company introduced latest Digital Paradigm exchanges
incorporating state of the art features like ISDN
- Also, approval was received from TEC, DOT in respect of new
products like ADPCM Transcoder, 20 channel Digital UHF ratio
- The Company entered into an agreement with AT&T Corporation
distribution of Business Communication Products & Voice
Processing system to support multi media and data
- Approvals from DOT were received for various products
2 MB line system, subscriber loop carrier, optimux, combimux
The Company proposed to launch a number of new products in
co-operation with Lucent which will provide it with a cutting
edge in the Telecommunication Industry.
1995 - The Company also signed a Distributorship Agreement with
Mobile Communications AB, Sweden and distribution of their
cellular phones by the company commenced from March 1996.
Telephones including Spectra T-732, Compact S-510 and Astra
and range of cordless telephones were introduced by the
- A letter of intent was received to manufacture digital UHF
equipment upto 30 channels. The Company executed an
with the Centre for Development of Telematics (C-DOT) for
transfer of technology for manufacture of 10 channel digital
equipment. Initially, it was to start with the production of
10 channel UHF transmission equipment in the 400 and 600 MHz
band. The equipment was to open new avenues in Railways and
Defence areas. Necessary steps for the implementation of
project were being taken.
- With effect from April 1, Tata Keltron Ltd. was merged with
Company. In pursuance to the merger scheme, the shareholders
the erstwhile Tata Keltron Ltd., were allotted 1 equity share
Rs.10 of the company each of TKL and 10 equity shares of
each of the Company for every 25 cumulative convertible
preference shares of Rs.100 each of TKL.
- 4,26,692 No. of equity shares allotted to shareholders of
erstwhile Tata Keltron Ltd. pursuant to the Scheme of
2000 - Tata Telecom launched an advanced range of call centre
it has sourced from its joint venture partner Avaya
Lucent Technologies) in India.
- Tata Telecom Ltd. is considering hiving off or selling
TataPhone, its loss-making
telephone equipment manufacturing division, as part of a
- Tata Telecom, a the joint venture between the Tatas and
will henceforth be known as a Tata-Avaya.
- Tatafone, a division of Tata Telecom Ltd, is beng hived
off into a separate
company and would be a 100 per cent subsidiary of the
2001 - Tata Telecom has entered into an arrangement with Itel
Industries, under which
the whole of the undertaking of the Tataphone division
of the company will be
demerged into ITEL.
- Tata Cellular on June 27 launched its 'voice me' service
in Andhra Pradesh which
would provide voice mode to e-mail.
-India's first post-paid Internet service on a regular
telephone line NetReady, was launched by Tata
Teleservices Limited, the private basic service provider in Andhra
-Tata Teleservices, which has the letter of intents for
providing basic telephone services
in 15 other circles, will sign an agreement with the
department of telecommunications later
this week to start services in four states Delhi,
Gujarat, Tamil Nadu and Karnataka.
- In yet another move to provide continuous connectivity,
Tata Cellular Ltd (TCL), one of the cellular operators in
Andhra Pradesh (AP), launched its third corridor Krishna Corridor
here on September 5, connecting a stretch of 384 km.
- Tata Teleservices Ltd, the private basic telecom services
operator in Andhra Pradesh, has added 12 more CDMA (code division
multiple access) cell sites in the twin cities and plans to roll out
basic services in six more towns by the year-end.
- Tata Cellular Ltd on September 27th, announced the
launch of its cell-phone services in six more centres in Andhra
Pradesh thereby extending coverage to 82 towns across the State.
Amadalavalasa, Peddapuram, Ponnur, Tuni, Piduguralla and Kothagudem
were added to the Tata Cellular network.
- The department of telecommunications (DoT) has given the
green signal for the merger of the two cellular operators Birla-AT&T
and Tata Cellular.
-Issues Commercial Papers amounting to Rs. 17cr for 90 days.
-Launches Baat Bees Lakh Ki , which offers 2 lakh prices to reach 6
lakh customers within 60 days.
-Talks on merger between Hughes Network Systems and Tata Industries
was put off because of differences that errupted due to valuation of
-Raises loans from IDBI to start telecom services in Delhi, Gujarat,
Karnataka and Tamil Nadu.
-Tata Cellular extends its coverage to 92 towns in AP by launching
its mobile phone services in 4 towns.
-Tata Teleservices and Hughes Signs a Memorandum of Understanding.
-VSNL's Investment in the company is made for a span of 48 months.
-VSNL overvalues TTL by taking over its 25% stake for Rs.1200 cr.
-Purchases three Sun Fire 15K a new flagship high-ended system built
on technologies built by Sun Microsystems.
-Makes an open offer to acquire upto 20% stake in Hughes Tele com.
-Introduces its smart-card based, pre-paid calling cards in
-Alcatel India occupies m worth multimedia switching equipment
order of Tata Teleservices.
-Inducts a two person transition committee to look into the
integration of Hughes.
-Appoints R K Swamy BBDO to find a common brand for its basic telecom
-Launches the first flexible tariff plans for limited mobility
services in the country.
-Worldcom and the company's issue affects the reinsurance plans of
-Ties up with Indiatimes Infotech to jointly promote enterprise
-Issues fresh Commercial Paper of Rs.200 million , subscribed by UTI
Bank Ltd with maturity date as Nov 22.
-Introduces 'Fundoo Calling' a voice porta exclusive for its claims
aimed at giving more value to its users.
-Launches its next generation of enterprise class Internet protocol
solutions (ECLIPS) software and hardware.
-Foreign shareholding in the company increased to 27.1% from 25.8% .
-Asks relief from customs/excise duties to fulfill the VPT
-Declares festival scheme - Phone-tastic offer for all new landline
-Forfeits 2195 equity shares on account of calls-in-arrears.
-Introduces its fixed line wireless and CDMA mobile phones systems in
-FIPB rejects TTL's proposal to issue redeemable preference shares
-Completes the acquisition of Hughes Tele com India Ltd and the Board
of HTIL is changed:
J J Irani - Chairman
Mr S Ramakrishnan - Managing Director
Mr Ishaat Hussain
Mr R Gopalakrishnan
Mr Kishor Chaukar
Mr Firdose Vandrevala
-HTIL will be renamed as Tata Teleservices (Maharashtra) Ltd.
-Gets TRAI's approval for its WLL tariff plan.
-Launches its WLL based limited mobility services in Delhi under the
brand name 'Tata Indicon'.
-The subscribers of TTSL have crossed 4500 mark.
-Forays into the Internet Cafe business with the brand name indicom.
-Motorola receives million contract from the company to deploy
CDMA 1x network in Mumbai, maharashtra, goa.
-Slashes STD rates from Rs. 9 per minute to Rs.4.8 per minute.
-Tata and Avaya in the joint venture agrees to provide hi-tech
equipment and solutions that will help the companies to optimise
business continuity, maximise security.
-Tata Indicom launches Kyocera colour handsets with 4000 colour
screen and polyphonic ringtones and flashlights.
-Slashes ISD rates upto 70% in its international long distance
tariffs for calls to the US, Canada and Europe.
-Signs OgilvyOne for direct marketing business.
-Tata Indicom introduces CUG (Closed User Group) facility
-Tata Indicom unveils services in Anekal
-Tata Telecom Ltd, an enterprise communication solutions provider,
has lined up a series of value added services (VAS) for the growing
contact centre players seeking to optimise their technology
investments and provide an integrated view of their applications
through a common interface.
-Tata Telecom gets Rs 1.4 cr video-conferencing deal from UBI
-Tata group announced that was is selling a 25.1 stake in Tata
Telecom to its joint venture partner, the New Jersey-based Avaya Inc,
for approximately million (around Rs 80 crore) in cash, or Rs 220
-Tata Telecom ties up with Avaya to offer SIP solutions
- Tata Indicom launches push-to-talk (PTT) services, based on
Qualcomm's BREWChat technology for the first time in India
-Avaya Global Connect Ltd has appointed Mr. Rohit Menezes as an
Additional Director of the Company w.e.f. January 25, 2007.
- Avaya GlobalConnect Ltd has has appointed Mr. Anil Nair as the
Managing Director of the Company with effect from April 28, 2009 for
a period of three (3) years.
- Avaya GlobalConnect Ltd has informed that the Board of Directors of
the Company at its meeting held on July 18, 2009, inter alia, has
appointed (1) Ms. Pamela F Craven (Non-Executive), (2) Mr.
Christopher Formant (Non-Executive) and (3) Mr. Hoshang Noshirwan
Sinor (Non-Executive & Independent), as Additional Directors of the
Company with immediate effect.
- The name of Avaya GlobalConnect Limited shall be changed to AGC
Networks Limited and the trading symbol of the Company be changed
from AVAYAGCL to AGCNET.
- The board have recommended payment of Dividend of Rs. 4.50 per
- The Board of Directors has recommended a dividend of Rs. 2.25 per
- Mr. Prasad It Subramaniam has been appointed as Head (Finance) of
- The Board has recommended payment of Dividend of Rs. 15 per share.
- Mr. Pratik Bhanushali has been appointed as the Company Secretary
of the Company.
- AGC Networks has given the Bonus in the Ratio of 1:1