Tata Communications surges on launching global, cloud-based 5G Roaming Lab
Tata Communications is currently trading at Rs. 1842.15, up by 22.15 points or 1.22% from its previous closing of Rs. 1820.00 on the BSE.
The scrip opened at Rs. 1821.30 and has touched a high and low of Rs. 1858.00 and Rs. 1800.85 respectively. So far 46902 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1858.00 on 24-Aug-2023 and a 52 week low of Rs. 1095.05 on 26-Sep-2022.
Last one week high and low of the scrip stood at Rs. 1858.00 and Rs. 1677.00 respectively. The current market cap of the company is Rs. 52441.43 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.25% and 9.88% respectively.
Tata Communications has launched global, cloud-based 5G Roaming Laboratory (Lab), enabling Mobile Network Operators (MNOs) to trial 5G standalone network use cases before introducing the service to their subscribers. With this, Tata Communications is harnessing the potential of 5G to help reimagine mobility experiences for mobile network operators benefitting their consumers and enterprise customers.
Tata Communications cloud-based 5G Roaming Lab trials the international mobile roaming experience by closely monitoring traffic movement and network usage for giving the highest quality of experience to mobile phone users while roaming. Its tests get an objective performance assessment across networks, connected in the exchange process while a user is roaming. This also includes onboarding and internet trials on the high-speed, high-reliable and low-latency 5G standalone network.
The new Tata Communications 5G Roaming Lab is specially designed keeping safety at the heart of its operations. It is equipped with hi-tech server applications that provide high-speed and seamless 5G roaming connectivity along with network security.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.