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Tata Communications informs about company updates

21 Jan 2017 Evaluate

Tata Communications has informed that Tata Communications (Netherlands) B.V., a wholly owned indirect subsidiary of Tata Communications, has made an investment in Teleena Holding B.V. (Teleena) (a mobile virtual network enabler headquartered in the Netherlands) on January 20, 2017 as part of Tata Communications long term development strategy of its global mobility and loT services. As a result of this investment, Tata Communications (Netherlands) B.V. becomes the single largest shareholder of Teleena with a 35% stake.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharti Airtel 1821.50
Vodafone Idea 14.25
Indus Towers 381.00
Tata Communications 1687.20
Railtel Corp. India 263.90
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