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Loss-making TSN undeterred in Indian ATM market

04 March 2016 4:36PM
An ASX-listed and Indian focused ATM company is keeping the identity of a valuable new customer a mystery.Transaction Solutions International, a Perth-based company, said its associate TSI India had reached agreement to "manage and operate in excess of 11,000 ATMs.".The customer is "one of India's top ten ... and leading information technology companies," it said in an ASX release.TSI India already manages a fleet of 2000 ATMs.TSN's Indian ventures have incurred losses, including over the last half year to September 2015 of A$300,000.

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