TCS moves up on inking pact with Vantage Towers
Tata Consultancy Services is currently trading at Rs. 3558.90, up by 9.55 points or 0.27% from its previous closing of Rs. 3549.35 on the BSE.
The scrip opened at Rs. 3568.00 and has touched a high and low of Rs. 3573.00 and Rs. 3536.15 respectively. So far 23693 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4585.90 on 02-Sep-2024 and a 52 week low of Rs. 3457.35 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 3599.00 and Rs. 3457.35 respectively. The current market cap of the company is Rs. 1289848.20 crore.
The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 23.58% and 4.64% respectively.
Tata Consultancy Services (TCS) has partnered with Vantage Towers, Europe’s second-largest telecom tower operator with a network of 86,000 sites, to launch a digital service platform aimed at transforming the experience of property owners that lease land for telecom tower installations. The partnership aims to streamline service processes for property owners, enhance retention, and strengthen telecom site partnerships for Vantage Towers across Europe. TCS will also deploy TCS Crystallus for Telecom, an industry specific offering designed to accelerate digital transformation.
Through this program, property owners across eight markets in Europe will benefit from round-the-clock personalized access to customer support via their preferred channels. This approach empowers landlords and enables Vantage Tower agents and other stakeholders to seamlessly access crucial information across the enterprise through the unified platform.
The partnership builds on the long-standing relationship between TCS and Vantage Towers, signaling a deeper collaboration focused on creating value through technology-driven offerings. Vantage Towers relies on these property partners to expand its extensive infrastructure across Europe. This initiative is expected to accelerate growth by converting property partners into long-term advocates, driving Vantage Towers’ mission of sustainable telecom expansion.
TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses. TCS offers a consulting-led, cognitive powered, integrated portfolio of IT, business & technology services, and engineering.
