Page 9 - Tata Communications

Tata Communications: An outlier in telecom space

In a sector wracked with volatility and stock price spikes, Tata Communications has been one of the few telecom stocks which has seen a secular uptrend in prices over the last one year. While business to consumer sector (B2C) peers have posted December quarter results which reflect multi-year operational lows, Tata Communications (B2B model) has stood out. Robust growth in data services segment (revenues up 11 per cent, operating profit up 20 per cent year-on-year) helped the company post adjusted consolidated revenues and operating profit ahead of estimates.Going ahead, strong traction in data, cost cutting efforts and expansion in growth drivers (digital-internet of things) should help boost revenues. Free cash flows for the nine months ended FY17 stood at Rs 460 crore as against Rs 290 crore in the year ago period. This should improve, according to analysts at Emkay Global Financial Services. "Data segment is expected to deliver healthy performance going forward with margin ...

Tata Tele, RCom shares surge up to 7 per cent amid merger buzz

The union will see Tata Tele join the merged entity of RCom-Aircel and MTS

Tata Communications hits 9-year high post Q3 results

The stock rallied 6% to Rs 712, its highest level since January 2008 on the BSE.

Tata Comm Netherlands is now largest investor in Teleena with 35% stake

Teleena is a global IoT- and MVNO-enabler in the Netherlands, with offices in UK and Singapore

Tata Communications up 6% as ICASA approves Neotel sale

The stock was up 6% to Rs 670 on the BSE in intra-day, trading close to its 52-week high of Rs 687

Tata Communication, Skylab join hands to take IoT far and wide

Skylab provides advanced data harvesting, processing, and delivery solutions over a scalable platform called DLC

Tata Comm's fresh priorities to raise returns

Change in business focus and lower capex are positives; these will boost the company's stock valuations

Tata Communications builds up infrastructure for cloud business

Srinivasan C R flagged government concerns about accuracy of data being stored, going forward

Tata Communications hits 52-week high

The stock rallied 8% to RS 519, extending its Wednesday's 6% surge on the BSE.

Tata Comm Q1 net profit declines 3.5% to Rs 41.7 cr

Company had posted a net profit of Rs 43.3 crore in the same period a year ago

Tata Comm exits Neotel for $295 mn

Money to be used to repay Neotel debt

Deals should keep Tata Comm debt in check

The focus will now turn to growth of its high-margin data business

Tata Communications surges after Econet agrees to buy arm Neotel

The stock surged 8% to Rs 485, trading nears to its 52-week high of RS 490 on the BSE.

Tata Communications installs 8k ATM units across the country

8,000th machine was installed at the tier-IV town of Appipatti, Theni in Tamil Nadu

Tata Comm Q4 net loss widens to Rs 205 crore

For year ended March 2016, it reported a loss of Rs 211.8 cr while it posted a net profit of Rs 1.29 cr a year ago

Tata Communications sells majority stake in 17 data centres for Rs 4,220 crore

The deal includes sale of a 74% stake in the company's 14 data centres in India for Rs 31.1 billion

ST Telemedia to buy 74% stake in Tata Comm's data centre biz

The deal size comes to around Rs 3,150 crore

Tata Communications to announce stake sale in data centre unit

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 signs deals to enable live broadcast of content

Tata Comm expects its media and entertainment business to grow at compound annual growth rate of 40% through 2017-2018

Tata Communications to develop next generation network for Air France-KLM

The multi-million dollar contract will provide the airline with corporate programs in Middle East, Africa and Asia Pacific