Tata Communications shines on its arm providing connectivity for COP17

28 Nov 2011 Evaluate

Tata Communications is currently trading at Rs. 189.00, up by 2.70 points or 1.45% from its previous closing of Rs. 186.30 on the BSE.

The scrip opened at Rs. 187.00 and has touched a high and low of Rs. 189.85 and Rs. 187.00 respectively. So far 6,617 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 278.45 on 02-Dec-2010 and a 52 week low of Rs. 176.30 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 193.70 and Rs. 176.30 respectively. The current market cap of the company is Rs. 5,386.00 crore.

The promoters holding in the company stood at 76.15% while Institutions and Non-Institutions held 13.37% and 3.87% respectively.

Tata Communications’ Neotel in which the company holds majority shares will be providing connectivity for the much awaited 17th Conference of the Parties (COP17) to the United Nations Framework Convention on climate change, being held in Durban from November 28 - December 09.

Neotel will provide Wi-Fi access for the entire conference as well as, together with partners CISCO and Dimension Data, power Telepresence rooms available for public use throughout the event, with connectivity via the Tata Communications global network.

Telepresence is the next generation video collaboration technology that creates an immersive virtual meeting environment that can make geographically dispersed users feel as if they are together in the same room. The Telepresence rooms at COP17 will be connected, via Neotel, into Tata Communications’ Global Meeting Exchange, one of the broadest and widest-reaching Telepresence networks available today.

In keeping with COP17’s climate change agenda, the Telepresence rooms at the event will provide 20,000 delegates access to a game-changing collaboration tool that makes a significant impact on climate change via a reduced carbon footprint.

Meetings held using Telepresence have a positive impact on the environment as a result of the reduced need to physically travel across continents. Operating a Telepresence room for one year has the same carbon footprint as a one-way transatlantic flight, and uses the same amount of energy as the ton of jet fuel that a jumbo jet burns between boarding and take off.

Tata Communications Share Price

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