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.