Tata Communications News

Currently, he with his wife Rekha and others have jointly invested in more than 40 public listed companies. Most of his stocks have given bumper returns. He also invests in stocks via his firm Rare Enterprises.

Tata Communications has given around 10% return in the past month alone. The stock is expected to perform well in the coming weeks. Rakesh Jhunjhunwala holds 2,950,687 shares or a 1.04 per cent stake in Tata Communications Limited.

Tata Sons is in the process of transferring the consumer mobile business of Tata Teleservices to Bharti Airtel and hiving off the enterprise segment to merge with the group's networking arm Tata Communications.

As part of the group's move to bring down cross-holding among group companies and also exit non-core businesses by restructuring investment portfolios.

The company said over 28 per cent of the world's internet routes travel over Tata Communications' network, making it the fifth largest global internet backbone service provider.

The investment break-up included USD 944.14 million in the form of guarantees issued, USD 184.44 million and loan and USD 210.68 million as equity infusion.

Tata Communications on Saturday inked a deal with Alibaba Cloud to enable customers from India and 150 other countries to connect to the Chinese e-commerce giant's 'Express Connect' platform for a fast, stable and secure network.

Tata Communications and Bahrain's Batelco have signed an agreement to collaborate in the field of cloud computing and connectivity solutions to their customers.

Tata Communications Chairman Subodh Bhargava has stepped down as his term as independent director comes to an end Thursday.

At the ongoing Mobile World Congress here, Hewlett Packard Enterprise (HPE) on Monday announced that it was working with Tata Communications to support the rollout of India`s first LoRaWAN (LoRa)-based network.

State-owned telecom firm BSNL has partnered with Tata Communications to provide its customers access to 44 million wi-fi hotspots globally at fixed prices starting Rs 999.

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Tata Communications on Tuesday said Liquid Telecom, a privately-owned, pan-Africa telecom group, majority owned by Econet Wireless Global, has entered into an agreement to acquire its subsidiary Neotel for South African Rand 6.55 billion (Rs 2,904 crore).

Tata Communications today said its white label automated teller machines (ATM) arm has put 8,000 units across 4,600 towns of 20 states in the country till now.

Tata Communications Ltd on Saturday reported a widening of its consolidated net loss to Rs.205 crore for the quarter ended March, mainly on account of an impairment of equity in its sister concern Tata Teleservices.

Tata Communications on Friday said it has submitted documents for the restructured transaction for selling majority stake in its subsidiary Neotel's fixed line assets to Vodafone's South Africa subsidiary, Vodacom.

Tata Communications on Tuesday reported a net loss of Rs 33.86 crore for the first quarter ended June, 2015.

Global IT and telecommunications services provider Orange Business Services has entered into an agreement with Tata Communications to expand its network footprint in India, it was announced on Wednesday.

The Media Ecosystem, which combines traditional video contribution services with IP-based connectivity to create a highly innovative global media platform, was launched in April this year.

As per Cisco on global mobile data traffic, mobile video will generate more than 69% of mobile data traffic by 2019.