Tata Communications, a leading global provider of a new world of communications, has signed a memorandum of understanding (MoU) with RTComm to provide joint data services between carriers in Russia and the rest of the world.

Under the deal, Tata Communications and RTComm will work together to deliver scalable, secure and scalable, secure carrier and enterprise class data solutions, to their respective customers.

Both company officials believe that latest alliance enables RTComm, one of the leading companies in the Russian telecommunications market, to deliver global network services to its local customers, while Tata Communications will increase its global footprint with services into this emerging market through RTComm's local network.

With over 1000 customers throughout Russia, RTComm has the most developed IP network in Russia with 130 access points throughout the country.

At 12:30 pm, the shares of company were trading at Rs 562 on BSE. The scrip has made 52-week-high and low of Rs 594 and Rs 320 respectively.