Tata Communications celebrates 10th Anniversary
Tata Communications celebrates its 10th anniversary of public-private partnership that led to the creation of a truly global player in the communications services space. During this decade, the company transformed from an India-centric, international voice monopoly to a globally recognised, trans-national service provider. This shift is the result of visionary leadership of the Tata group, coupled with the trust of our various stakeholders, including the Government of India that continues to own 26% equity stake in Tata Communications.
Serving over 1,600 global service providers and 50,000 corporate customers across the globe (including more than 260 of the top 2,000 MNCs), Tata Communications had revenues of about Rs.12,000 crores ($2.6 Billion) in 2010-11.
Vinod Kumar, MD & CEO, Tata Communications, said, "The Tata Communications transformation story is a matter of pride not just for all of us in the company, but also for all our stakeholders; indeed, it is a matter of pride for India that a global challenger in the hyper-competitive communications space has been created in less than a decade. The Tata Communications story is a great example of how a public-private partnership can create real business value, not just in the Indian market, but globally. There have been the natural ups and downs, coupled with so much more to achieve. The journey has been truly worthwhile as a result of the support from one of the best teams in the business."
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