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Tata Communications surges on inking agreement with iStreamPlanet

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

03 May 2013 Evaluate

Tata Communications is currently trading at Rs. 230.40, up by 1.60 points or 0.70% from its previous closing of Rs. 228.80 on the BSE.

The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 231.90 and Rs. 228.10 respectively. So far 2,978 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 266.35 on 26-Jul-2012 and a 52 week low of Rs. 190.65 on 22-May-2012.

Last one week high and low of the scrip stood at Rs. 232.90 and Rs. 225.85 respectively. The current market cap of the company is Rs. 6,566 crore.

The promoters holding in the company stood at 76.15% while Institutions and Non-Institutions held 15.57% and 3.31% respectively.

Tata Communications, a leading provider of a new world of communications, has signed a strategic video contribution and distribution agreement with iStreamPlanet. The agreement combines video transport over Tata Communications' leading global network via its Video Connect and Satellite delivery services with iStreamPlanet's live video workflow service. This move enables both companies to provide multiscreen, live linear streaming services for content owners, aggregators and distributors around the world - making the transport and distribution of live video content easier than ever.

Tata Communications' Video Connect and Satellite delivery services provides access to a full set of features which include content acquisition and delivery from (and to) all corners of the globe. Using Tata Communications' global network architecture, customers can transport high quality, live video feeds to iStreamPlanet's live video workflow service, from over 300 locations worldwide. Underpinning these services is Tata Communications’ global MPLS network supported by its wholly-owned fibre optic subsea cable ring around the world which brings the reach and reliability needed to interconnect media communities globally.

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

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Tata Communications surges on inking agreement with iStreamPlanet

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