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Tata Communications Ties-up With Tomizone – Will It Usher A Wi-Fi Revolution?
Telecom market has seen a flurry of competitive tactics being played out by telcos to derive the maximum value out of their subscriber base. The recent tie-up announced by Tata Communications with Tomizone to increase its Wi-Fi presence in country is a step in the same direction.
Tomizone is a renowned international player in servicing Wi-Fi [...]
Q2 Results Roundup: Tata Communications, Mindtree
Tata Communications has registered a 30 per cent decline in standalone revenues at Rs. 759 crores compared to Rs.992 crores in the same quarter last year. The bottom line also took a serious hit and came in lower by 68 per cent at Rs 10.45 Crs against Rs 33 Crs.
The major reason [...]
TATA in Pact to Buy Majority Stake in South Africa’s Neotel
With the Reliance Communications – MTN deal struggling to take shape, Tata Comm. (formerly VSNL) is all set to get a majority stake in another South African telecom service provider Neotel.
Neotel (Pty) Ltd., previously SNO Telecommunications, is the much anticipated second national operator (SNO) for fixed line telecommunication services in South Africa.
Tata Communications has [...]
Tata Communications Signs JV Agreement with CEC Ltd
Tata Communications (formerly VSNL), has signed an equity joint venture agreement with the shareholders of China Enterprise Communications (CEC) Ltd. This will enable Tata Comm. to acquire 50-per cent stake in the Beijing-based company.
Reliance to Offer Inter Bank Money Transfer Services Across 110 Countries
Reliance Globalcom, the international arm of Reliance Communications, is planning to launch a global backbone to enable international inter-bank transfer on mobile platforms across 110 countries reports Business Standard.
Idea also announced a similar move last month by joining hands with Tata Communications and Etisalatof UAE. Their pilot will be tested only in the 1 country. Reliance on the other [...]