The firm's board of directors had been informed about about its effort to sell stake in data centre infrastructure in India and Singapore
Tata Comm expects its media and entertainment business to grow at compound annual growth rate of 40% through 2017-2018
The multi-million dollar contract will provide the airline with corporate programs in Middle East, Africa and Asia Pacific
The Neotel deal would have helped Tata Communications cut debt worth $1.5 billion