Tata Communications, country's leading telecom service provider, has signed a broad ranging, global alliance with Telx, one of the largest North American interconnection and colocation data centre operator.

According to an official release, the partnership will leverage each company’s collocation space in their respective countries of operation, allowing Telx customers requiring collocation space in India, EMEA, Asia and specific U.S. sites to obtain space in a Tata Communications data center with Telx acting as the single point of contract for contractual arrangements.

Conversely, Tata Communications customers requiring U.S. data center space or access to the Telx Internet Exchange (TIE) can do so in Telx facilities using their Tata Communications account management team as facilitators.

In addition, the companies will also work together to package joint solutions, including Tata Communications’ managed security, data center services, and transformation services to enhance capabilities offered to their shared clients.

The company official believes that this agreement enables Tata Communications to leverage its position of strength in the global communications market while extending its reach in the U.S. through the local facilities of Telx.

Telx is a world-class leader in providing interconnectivity solution through their network-neutral and network rich, collocation facilities.  

Ahead of latest announcement, the shares of Tata Communications were trading at Rs 480 on BSE, up 5% or Rs 21 compared to previous close of Rs 459.