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Tata Communications zooms on entering into multi year strategic collaboration with Formula 1

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

16 Mar 2022 Evaluate

Tata Communications is currently trading at Rs. 1180.00, up by 54.30 points or 4.82% from its previous closing of Rs. 1125.70 on the BSE.

The scrip opened at Rs. 1137.80 and has touched a high and low of Rs. 1186.00 and Rs. 1136.10 respectively. So far 49879 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1590.00 on 17-Jan-2022 and a 52 week low of Rs. 1021.60 on 31-Mar-2021.

Last one week high and low of the scrip stood at Rs. 1191.90 and Rs. 1117.85 respectively. The current market cap of the company is Rs. 33288.00 crore.

The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 30.42% and 10.72% respectively.

Tata Communications has entered into multi year strategic collaboration with Formula 1. Tata Communications returning to sport as the Official Broadcast Connectivity Provider of Formula 1, to deliver and enhance a world-class, technologically advanced experience for fans globally. Tata Communications will empower Formula 1 with global end-to-end managed network services for video contribution, thereby transforming the motorsports experience.

For this, the company will facilitate the transfer of more than 100 video feeds and over 250 audio channels to be transmitted between the Grand Prix venue and F1’s Media & Technology Centre in the UK every race weekend in under 200 milliseconds, enabling F1 to broadcast to over 500 million fans in 180+ territories globally.

Tata Communications’ industry-recognised and built-for-media connectivity solutions will enable Formula 1 to transform the broadcast content production worldwide while continuing to support the sport’s drive for agility and sustainability. Following the introduction of Formula 1’s remote broadcast operations in 2020, Tata Communications has allowed reduction in the organisation’s travelling freight by 34%.

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

Tata Communications Share Price

1521.05 -41.30 (-2.64%)

17-Apr-2026 16:59 View Price Chart

Peers

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Bharti Airtel	1846.55
Vodafone Idea	9.62
Indus Towers	412.35
Tata Communications	1521.05
Bharti Hexacom Ltd.	1538.30
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Tata Communications zooms on entering into multi year strategic collaboration with Formula 1

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