Tata Communications

Data Revenue continues double-digit growth momentum

Retrieved on: 
Thursday, October 19, 2023

MUMBAI, India, Oct. 19, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces its financial results for the quarter ended 30thSeptember 2023. The Data business grows to INR 3,995 Crores in Q2 FY24, registering a growth of 14.4% YoY.

Key Points: 
  • Data business revenues came in at INR 3,995 crore (USD 483.3 Mn), recording an increase of + 14.4% YoY; Underlying Data Revenue growth came in at + 10% YoY.
  • The Core Connectivity business reported + 6.9% YoY growth in revenue.
  • Digital Portfolio delivered robust growth of + 30.2% YoY driven by growth across the Cloud and Next Gen Connectivity segments and integration of The Switch.
  • Commenting on the results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said, "We are pleased to announce a robust 14% YoY revenue growth this quarter.

Data Revenue continues double-digit growth momentum

Retrieved on: 
Thursday, October 19, 2023

MUMBAI, India, Oct. 19, 2023 /PRNewswire/ -- Tata Communications, a global digital ecosystem enabler, today announces its financial results for the quarter ended 30thSeptember 2023. The Data business grows to INR 3,995 Crores in Q2 FY24, registering a growth of 14.4% YoY.

Key Points: 
  • Data business revenues came in at INR 3,995 crore (USD 483.3 Mn), recording an increase of + 14.4% YoY; Underlying Data Revenue growth came in at + 10% YoY.
  • The Core Connectivity business reported + 6.9% YoY growth in revenue.
  • Digital Portfolio delivered robust growth of + 30.2% YoY driven by growth across the Cloud and Next Gen Connectivity segments and integration of The Switch.
  • Commenting on the results, A.S. Lakshminarayanan, MD and CEO, Tata Communications, said, "We are pleased to announce a robust 14% YoY revenue growth this quarter.

CIO Leadership: The Visionary Leadership Needed to Power New Business Growth Will Drive the Discussion at the 2023 Silicon Valley CIO Executive Leadership Summit on October 17

Retrieved on: 
Thursday, October 12, 2023

“There’s no better time to be a business technology leader,” said Hunter Muller, Founder and CEO of HMG Strategy.

Key Points: 
  • “There’s no better time to be a business technology leader,” said Hunter Muller, Founder and CEO of HMG Strategy.
  • To learn more about the 2023 Silicon Valley CIO Executive Leadership Summit and to register for the event, click here .
  • To learn more about the 2023 Greenwich CIO Executive Leadership Summit and to register for the event, click here .
  • HMG Strategy will also be hosting its 2023 Minneapolis CIO Executive Leadership Summit on November 2 at the Renaissance Minneapolis Hotel, The Depot.

CIO Leadership: Leading as the CEO of Technology Will Drive the Discussion at the 2023 Minneapolis CIO Executive Leadership Summit on November 2

Retrieved on: 
Thursday, October 5, 2023

Key topics to be explored at the summit will include the role of the CIO as the CEO of Technology to help anticipate what’s next for the business.

Key Points: 
  • Key topics to be explored at the summit will include the role of the CIO as the CEO of Technology to help anticipate what’s next for the business.
  • Looking ahead, HMG Strategy will also be hosting its 2023 Silicon Valley CIO Executive Leadership Summit on October 17 at the Hyatt Regency Santa Clara.
  • Key topics to be explored at the summit include the role of the CIO as the CEO of technology in preparing the organization for what’s coming next.
  • To learn more about the 2023 San Diego Technology Executive Leadership Summit in Partnership with SIM San Diego and to register for the event, click here .

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Retrieved on: 
Thursday, October 5, 2023

NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).

Key Points: 
  • NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).
  • On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.
  • With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.
  • This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kalyera team for the last four years and excellent relationship with Tata Communications."

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Retrieved on: 
Thursday, October 5, 2023

NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).

Key Points: 
  • NEW YORK and MUMBAI, India , Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).
  • On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.
  • With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.
  • This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kalyera team for the last four years and excellent relationship with Tata Communications."

Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player

Retrieved on: 
Thursday, October 5, 2023

NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).

Key Points: 
  • NEW YORK and MUMBAI, India, Oct. 5, 2023 /PRNewswire/ -- Tata Communications , a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra , Inc. (NYSE: KLR).
  • On 28th June 2023 , Tata Communications had entered into a definitive agreement with Kaleyra, Inc. to acquire it through Tata Communications Limited.
  • With this, Kaleyra, Inc. and its subsidiaries have now become wholly owned subsidiaries of Tata Communications Limited.
  • This acquisition reflects a global recognition of the leadership of Kaleyra in the CPaaS industry, fruits of hard work of the entire Kaleyra team for the last four years and excellent relationship with Tata Communications."

Kaleyra, Inc. Stockholders Approve Proposed Acquisition by Tata Communications Limited

Retrieved on: 
Thursday, September 28, 2023

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited.

Key Points: 
  • NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Kaleyra, Inc. (NYSE: KLR) ("Kaleyra" or the "Company"), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company have approved all proposals related to the proposed acquisition of the Company by Tata Communications Limited, a company listed on BSE Limited and National Stock Exchange of India Limited.
  • The final results will be available on a Current Report on Form 8-K to be filed by the Company.
  • As a result, the closing of the transaction is expected to occur on October 5, 2023, subject to the satisfaction of the remaining closing conditions.
  • Shares of Kaleyra will cease trading and will no longer be listed on the NYSE exchange following the closing of the transaction.

Asia Direct Cable Consortium Selects Infinera’s ICE6 800G Solution for New Advanced Submarine Routes in APAC

Retrieved on: 
Monday, September 25, 2023

SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.

Key Points: 
  • SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Asia Direct Cable (ADC) Consortium, the latest open submarine cable in the Asia Pacific region, has selected Infinera’s ICE6 800G coherent solution on the GX Series Compact Modular Platform to power ADC’s advanced cable system.
  • As the industry’s highest-performing and most cost-effective solution for submarine networks, Infinera’s ICE6 will enable ADC Consortium members to address surging demand for submarine cable capacity in Asia for bandwidth-intensive applications that include 5G networks, cloud-based services, and emerging solutions.
  • ADC is a 9,400-kilometer submarine cable connecting China, Japan, the Philippines, Singapore, Thailand, and Vietnam.
  • By providing more than 21 Tb/s per fiber pair, Infinera’s ICE6 solution extends the commercial life of the fiber cable, maximizing the return on investment of this critical cable system.

Asia Pacific Takes Center Stage in A2P Messaging Growth: Rapid Rise in Mobile Subscribers Drives Market Expansion - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 19, 2023

A2P messaging, known as Application-to-Person messaging, plays a pivotal role in facilitating businesses' direct and efficient interactions with their clientele.

Key Points: 
  • A2P messaging, known as Application-to-Person messaging, plays a pivotal role in facilitating businesses' direct and efficient interactions with their clientele.
  • Integrating A2P messaging APIs into mobile apps empowers companies to streamline their operations by delivering automated messages, authentication codes, and transactional notifications seamlessly.
  • Large Enterprise Utilization: Large enterprises led the market in 2022, leveraging A2P messaging services for delivering tailored messages based on customer behavior analysis.
  • Asia Pacific's Rapid Rise: Anticipated as the fastest-growing region, Asia Pacific is expected to register the highest CAGR over the forecast period, driven by a rising population and an increased number of mobile subscribers.