Tata Communications

HPE, Tata Communications to collaborate for world's largest IoT network in India

HPE, Tata Communications to collaborate for world's largest IoT network in India

New Delhi [India], Feb 27 : Hewlett Packard Enterprise (HPE) at the Mobile World Congress 2017 announced that it is working with Tata Communications, a leading provider of a new world of communicationsâ„¢, to support the roll-out of India's first LoRaWANâ„¢ (LoRa) based network.

Tata Communications unveiled plans for the LoRaTM network last year. It is part of Tata Communications' long-term strategy of creating mobile platforms and ecosystems that enable its customers and partners to connect people and IoT-connected devices seamlessly on a global scale.

The first phase of the roll-out targets Tier I, II, III and IV cities in India touching over 400 million people.

Tata Comm sells stake in African arm for $676 mn

Tata-CommunicationsMumbai, May 19 : Tata Communications Monday announced it would sell its 67 percent stake in South African telecom unit Neotel to Vodacom -- an arm of Vodafone Group -- for around $676 million (7 billion South African Rands).

“The shareholders of Neotel and Vodacom SA have announced today that they have favourably concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100 per cent of the shares of Neotel valued at an enterprise value of ZAR 7.0 billion,” Tata Communications said in a statement.

Tata Communications installs 1,000th 'indicash' ATM in NCR

Tata-Communications-ATMNew Delhi, March 24 : Tata Communications Payment Solutions Limited (TCPSL), a wholly-owned subsidiary of Tata Communications, Monday said it has set up its 1,000th Indicash ATM, the country's first white label ATM network, in the national capital region.

The 1,000th automatic teller machine (ATM) was set up at Bhondsi village in Gurgaon, Haryana.

Backed by the $96.79 billion Tata Group, Indicash is aimed at empowering Indians with the convenience to access their own money with ease across cities, towns and villages.

Tata Communications' global telepresence extends to Shanghai

Tata-CommunicationsNew Delhi, June 4  : Tata Communications has added a state-of-the-art "virtual meeting" telepresence suite to its global network in downtown Shanghai. It has been launched in partnership with China Mobile and JW Marriott Hotel Shanghai, the company said here in a statement Tuesday.

Telepresence is the next generation of video-conferencing that provides a fully life-like and high definition 'virtual' meeting experience, which helps to improve all sorts of business interaction through better and more frequent meetings.

Tata Comm to provide connectivity to Mercedes AMG Petronas

Tata Comm to provide connectivity to Mercedes AMG PetronasIndia's telecommunication services major, Tata Communications has said today that it has entered into an agreement with Mercedes AMG Petronas F1 team for offering connectivity for the team on all of the F1 tracks.

According to a new statement released, following the agreement, Tata Communications becomes the 'Official Managed Connectivity Supplier' to the team. The indianfirm said that it will work with Mercedes AMG Petronas to provide high-speed, high quality and secure trackside connectivity through Tata Communications' global network.

TCL launches slimmest & lightest Alcatel smartphone

TCL launches slimmest & lightest Alcatel smartphoneLeading global designer and manufacturer, TCL Communication has announced the launch of a new Alcatel One Touch Idol Ultra smartphone, which is claimed to be the slimmest & lightest smartphones in their category in the Indian market.

The new smartphone is being launched in association with cellular operator Idea with an aggressive 3G pack with 1GB 3G data and 3 months of Idea TV. The package charges Rs. 261 on prepaid, and Rs. 259 for post customers in the country.

Tata Communications sells land parcel in Chennai worth Rs. 192.3 Crores

Tata Communications sells land parcel in Chennai worth Rs. 192.3 CroresTelecom service provider, Tata Communications Limited has completed a deal to sell land parcel and building situated at Nungambakkam in Chennai for a consideration of Rs. 192.3 Crores.

Undersea cable cuts might interrupt internet in India for two weeks

Undersea cable cuts might interrupt internet in India for two weeksAccording to a new report, the undersea cable connecting Indian systems have suffered various cuts and this is likely to impact internet connectivity in India for the coming two weeks.

Tata Communications reports net loss of Rs 261 crore in fourth quarter

Tata Communications reports net loss of Rs 261 crore in fourth quarterTata Communications has reported a net loss of Rs 260.94 crore in the fourth quarter of the financial year till March 2012.

The company said in a filing with the Bombay Stock Exchange (BSE) that it had reported a net loss of Rs 156.51 crore in the same period of the previous year. On a standalone basis, it posted a 51.76 per cent increase in net profit at Rs 38.2 crore for the fourth quarter compared to Rs 25.17 crore in the same period previous year.

Supreme Court accepts review petition on 2G spectrum cancellation ruling

Supreme Court accepts review petition on 2G spectrum cancellation rulingThe Supreme Court of India has accepted a review petition filed by the central government on the ruling by the court ordering the cancellation of 2G telecom licenses in the country.

Vodafone, Tata have until April 19 to bid for C&W Worldwide

Vodafone, Tata have until April 19 to bid for C&W WorldwideTelecom sector firms, Tata Communications and Vodafone now have until April 19 to submit their bids to acquire British telecoms group Cable & Wireless Worldwide.

Tata Communications is likely to announce its decision in the coming weeks. Tata Communications has reportedly appointed Standard Chartered as an adviser for the acquisition. Vodafone has said that it is too early in the process to comment on the merits of acquiring Cable & Wireless. Both Tata Communications and Cable & Wireless did not offer any comments on the reports.

Tata joins race to acquire Cable and Wireless

Tata joins race to acquire Cable and WirelessTata Communications, a unit of the Tata Group conglomerate, appears to have joined the race to acquire UK's Cable & Wireless Worldwide.

Tata Communications is likely to announce its decision in the coming weeks, according to a source close to the matter. Tata Communications has reportedly appointed Standard Chartered as an adviser for the acquisition.

Tata unit to bid for UK’s Cable & Wireless Worldwide

Tata unit to bid for UK’s Cable & Wireless WorldwideTata Communications, a unit of the Tata Group conglomerate, might be planning to bid for UK-based Cable & Wireless Worldwide Plc and will announce its decision in the coming weeks, according to a source close to the matter.

Tata Communications has reportedly appointed Standard Chartered as an adviser for the acquisition. Cable & Wireless Worldwide has a market value of $1.2 billion and has wideranging assets including UK's largest core fiber network and an international enterprise unit.

Tata Communications Buy Call by Sudarshan Sukhani

Tata Communications Buy Call by Sudarshan SukhaniStock Market analyst Sudarshan Sukhani has given buy call for Tata Communications.

During an interview with TV channel CNBC-TV18, Sudarshan Sukhani from s2analytics.com said that the charts for Tata Communications are showing bullish patterns. The worst might be over for the stock and medium to long term investors can expect decent returns from the current level.

He further added that he feels technology sector will outperform. And, he has more positive view about technology sector compared to banking stocks.

Tata Communications to invest Rs 2,250 crore in new products

Tata Communications to invest Rs 2,250 crore in new productsTata Communications has said that it is planning to invest Rs 2,250 crore in projects in new product areas.

The Tata group firm is looking to make fresh investments in cloud computing, mobile broadband, video telepresence, submarine cables and data centre projects, according to Managing Director and CEO Vinod Kumar.

Tata, Bharti seek clarity on 3G rules

Tata, Bharti seek clarity on 3G rulesLeading telecom service providers, Tata Communications and Bharti Airtel has asked the government to offer clarity on its stance on the 3G services on their networks.

Subodh Bhargava, chairman of telecom equipment maker Tata Communications said that the telecom department of the India government is acting like a police officer rather than a policy maker. Sanjay Kapur, the head of Bharti Airtel's Indian unit, has pointed that unclear policies have affected investor confidence in the sector.

Telecom Ministry imposes penalty of Rs 50 crore on Airtel, Tata

Telecom Ministry imposes penalty of Rs 50 crore on Airtel, TataThe union telecom ministry has reportedly imposed a penalty of Rs 50 crore each on Bharti Airtel and Tata Communications for violations of International Long Distance (ILD) licence terms and conditions.

The ministry found the two telecom operators in violation of the conditions as they were found to have offered international private lease circuits to foreign company SingTel. IT is believed that the Department of Telecom (DoT) has sent notices to the two operators for violating the terms and conditions of ILD.

Buy Tata Comm To Achieve Target Of Rs 350

Buy Tata Comm To Achieve Target Of Rs 350Technical analyst SP Tulsian has maintained 'buy' rating on Tata Communications Limited stock with a target of Rs 350.

According to analyst, the stock can attain the said target within a period of six months.

Today, the shares of the company opened at Rs 247.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 354.30 and a low of Rs 195 on BSE.

Current EPS & P/E ratio stood at 1.77 and 141.76 respectively.

Buy Tata Comm With Strict Stop Loss Of Rs 233

Buy Tata Comm With Strict Stop Loss Of Rs 233Technical analyst Anu Jain has maintained 'buy' rating on Tata Communications Limited stock with targets of Rs 262 and 280.

Mr. Singh said that the stock can be purchased with a strict stop loss of Rs 233.

The stock of the company, on March 23, closed at Rs 245.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 354.30 and a low of Rs 195 on BSE.

Current EPS & P/E ratio stood at 1.77 and 135.49 respectively.

Tata Communications to acquire US-based BitGravity

Tata-CommunicationsIn a press conference today one of India's major communication companies, Tata Communications, conveyed that it has agreed to acquire BitGravity which is a company that provides network for content delivery over the Internet.

The deal happened at an undisclosed price and other details of the entire deal also remained undisclosed. The transaction when completed will be giving, Tata Communication (Netherlands) a 100 percent ownership of BitGravity.

The new company will be operating as a wholly-owned subsidiary of, Tata Communications.




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