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Tata Communications gains on joining hands with Antel to serve mobile, IoT providers

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

26 Feb 2019 Evaluate

Tata Communications is currently trading at Rs. 551.50, up by 1.90 points or 0.35% from its previous closing of Rs. 549.60 on the BSE.

The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 554.20 and Rs. 543.90 respectively. So far 6838 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 670.90 on 09-Apr-2018 and a 52 week low of Rs. 435.95 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 554.20 and Rs. 502.95 respectively. The current market cap of the company is Rs. 15732.00 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 19.55% and 5.47% respectively.

Tata Communications and Antel, a state-owned company and telecommunications market leader in Uruguay, have joined forces to serve mobile and IoT providers in South America, Central America and the Caribbean. It will act as the foundation for next-generation mobile and Internet of Things (IoT) services in sectors such as retail, utilities, construction, IT and banking.

Antel and Tata Communications will offer cloud-based mobile and IoT services using a business model that minimises total cost of ownership and time-to-market through a unique commercial risk sharing approach. The new mobility partnership combines Antel's world-class data centre and Latin American market knowledge with the Tata Communications MOVE platform global network reach to enable businesses to quickly deploy new mobile and IoT services across the region.

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.

Tata Communications Share Price

1518.95 -62.65 (-3.96%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1814.70
Vodafone Idea	9.52
Indus Towers	402.15
Tata Communications	1518.95
Bharti Hexacom Ltd.	1532.65
View more..

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Tata Communications gains on joining hands with Antel to serve mobile, IoT providers

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