Tata Communications unveils ‘Move’ to connect people globally

The platform is underpinned by Tata Communications’ global network, partnerships with 900 mobile communications service providers globally and recent investment in IoT connectivity specialist and mobile virtual network enabler called Teleena.  

“It is a platform that enables companies to embed global connectivity in anything, improving the user experience, creating completely new revenue streams, and fulfilling the promise of a truly digital world,” said Anthony Bartolo, President, Mobility, IoT and Collaboration Solutions, Tata Communications.  

In the first phase of the roll-out of “MOVE”, the platform encompasses global cellular IoT and SIM connectivity, with further enterprise and mobile network operator capabilities to follow later in 2017. 

Over 25 per cent of the world’s internet routes travel over Tata Communications’ network and is the only tier-1 network provider that is in the top five by routes in five continents, the company said in a statement. 

Meanwhile, automobile major Tata Motors on Thursday said it is considering to raise Rs 500 crore through issuance of unsecured redeemable non-convertible debentures (NCDs). “The company is desirous of offering the sixth series of its rated, listed, unsecured, redeemable, NCDs aggregating to Rs 500 crore and in this regard is holding a meeting of its duly constituted committee of the board on March 02, 2017,” the company said in a regulatory filing. 

According to the automobile major, the move to issue the NCDs is in accordance with the approval of the shareholders which was obtained by a special resolution at the 71th Annual General Meeting (AGM) held on August 9, 2016, and the resolution of the Board of Directors passed at its meeting held on February 14, 2017.