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An announcement from Tata Communications Limited ( (IN:TATACOMM) ) is now available.
Tata Communications Limited, through its wholly-owned subsidiary Tata Communications (Netherlands) B.V., has acquired a 51% stake in Commotion, Inc., a U.S.-based company specializing in AI-enabled enterprise solutions. This acquisition is set to enhance Tata Communications’ Customer Interaction Suite by integrating advanced AI capabilities, thereby improving automated and personalized customer engagement solutions. The transaction, valued at approximately USD 25.50 million, is expected to strengthen Tata Communications’ market position in delivering intelligent customer interaction solutions.
More about Tata Communications Limited
Tata Communications Limited operates in the telecommunications and technology industry, providing a wide range of services including network, cloud, mobility, and security solutions. The company focuses on enabling digital transformation for enterprises globally.
Average Trading Volume: 46,369
Technical Sentiment Signal: Strong Buy
Current Market Cap: 517.4B INR
See more insights into TATACOMM stock on TipRanks’ Stock Analysis page.