Tata Communications rises on launching private 5G Global CoE in India

Tata Communications is currently trading at Rs. 1130.80, up by 9.50 points or 0.85% from its previous closing of Rs. 1121.30 on the BSE.

tata communications jumps on partnering with conecta
tata communications 

The scrip opened at Rs. 1110.10 and has touched a high and low of Rs. 1133.05 and Rs. 1110.10 respectively. So far 2207 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1590.00 on 17-Jan-2022 and a 52 week low of Rs. 856.00 on 15-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1161.00 and Rs. 1095.05 respectively. The current market cap of the company is Rs. 31957.05 crore.

The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 30.81% and 10.33% respectively.

Tata Communications has launched a dedicated private 5G Global Centre of Excellence (CoE) in Pune, India to accelerate Industry 4.0 applications and capabilities for enterprises.

This new CoE is an agile, secure and indoor facility to test and trial industry use cases. Tata Communications has developed use cases across automotive, metals and mining, airports and seaports, manufacturing, logistics and healthcare sectors.

The company will be well positioned to enable and empower global enterprises to seamlessly progress into the hyper connected world.

With trials underway, Tata Communications will be able to demonstrate private 5G use cases such as automated quality inspection of equipment using video and image analytics, inventory management and asset tracking, warehouse theft detection, AR/VR-based remote worker collaboration, and video-powered retail purchase, to name a few.

The company is following robust measures, including Interoperability tests to assess compatibility of the company’s private network with different devices and, rigorous monitoring and testing to ensure stable connectivity throughout the test duration at the CoE.

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.

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