Tanla Solutions

Tanla offers end-to-end mobile commerce, mobile entertainment, mobile Internet and mobile advertising solutions. Tanla is a global provider of mobile commerce, mobile entertainment, mobile marketing and advertising solutions to the Telecommunications, Media and Digital Content industries.

Companies today are faced by the challenge of integrating various IT systems, technologies, communication methods and applications to benefit from convergence. Tanla aims to bridge the telecommunications gap for customers by “connecting the various dots” and providing fully managed services which include end-to-end mobile content management, billing, messaging and delivery of mobile services.

Tanla has offices in Colombo, Dubai, Dublin, Hyderabad, London, New York and Singapore.

NEWS:-

• Company has deployed 3G platform with MTNL.
• It has launched Missed Call Alert solutions for Aircel.
• US continues to be difficult market for the company.
• MMS traffic is showing growth from 20% to 25%.
• Total consolidated cash position is Rs 151.3 crore.
• It added 6 new customers during the quarter.
• It has total debtors of Rs 278 crores.
• Total capex for the year is 97.25 crore. In India, it is 12.9 crore.
• Recession in UK is one of the reason for drop in PSMS transactions

Subsidiaries

The Company had 3 subsidiaries at the beginning of the year: Tanla Solutions (UK) Limited, Tanla Mobile Asia Pacific Pte. Ltd., Singapore and MufiThumb Entertainment Private Limited (Previously known as Smartnet Communication Systems Private Limited) and 3 step down subsidiaries: Tanla Mobile Limited, Tanla Mobile Inc. and Tanla Mobile Ireland Pvt. Ltd.

Subsidiaries incorporated during the year are:

1) Tanla Mobile Middle East FZ LLC, Dubai

2) Tanla Mobile Spain SL, Spain

3) Tanla Mobile South Africa Proprietary Ltd, South Africa

4) Tanla Mobile South Asia (Pvt) Ltd, Sri Lanka

5) Tanla Mobile Malaysia Sdn. Bhd. Malaysia

6) Tanla Mobile Finland O Y, Finland

7) Tanla Mobile Australia Pvt. Ltd, Australia

Tanla Mobile selected by AEG Live to provide mobile registration for Michel Jackson''s comeback tour".

Stock has fallen from 270 to 21 now technically it has a breakout at 28.Rs.stock could touch 40in a week.