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From THE HINDU group of publications Sunday, September 02, 2001 |
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Tata Telecom CP
CRISIL has assigned a 'P1+' rating to the Rs 18-crore commercial paper programme of Tata Telecom (TTL).
The rating reflects the company's strong position in the epabx market, growth potential in the high-end enterprise communication segment and its strong parentage. The access to the latest products and technologies from Avaya Inc and the improvement in its financial position subsequent to the demerger of the loss making TataFone division also support the rating.
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