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Tata Communications moves up on plan to collaborate with SimbaNET

Tata Communications Ltd. | Telecommunication - Service Provider | Telecom | BSE: 500483 | NSE: TATACOMM

18 Dec 2015 Evaluate

Tata Communications is currently trading at Rs. 419.20, up by 0.55 points or 0.13% from its previous closing of Rs. 418.65 on the BSE.

The scrip opened at Rs. 418.00 and has touched a high and low of Rs. 423.00 and Rs. 417.00 respectively. So far 19189 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 504.90 on 15-Apr-2015 and a 52 week low of Rs. 336.30 on 25-Aug-2015.

Last one week high and low of the scrip stood at Rs. 423.00 and Rs. 395.20 respectively. The current market cap of the company is Rs. 11998.50 crore.

The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 18.09% and 6.91% respectively.

SimbaNET, a member of Wananchi Group and a leading provider of internet connectivity to businesses in Eastern Africa will collaborate with Tata Communications to provide a portfolio of technology and communication solutions for enterprises' growing ICT requirements in East Africa.

The agreement will provide companies located in Kenya, Tanzania and Uganda with access to enterprise solutions such as global network connectivity, direct public cloud access, unified communications and managed security services. It will also provide global businesses with connectivity to East Africa via the company’s global public IP backbone and SimbaNET's regional IP network.

Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

Tata Communications Share Price

1521.05 -41.30 (-2.64%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1846.55
Vodafone Idea	9.62
Indus Towers	412.35
Tata Communications	1521.05
Bharti Hexacom Ltd.	1538.30
View more..

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Tata Communications moves up on plan to collaborate with SimbaNET

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