Tata Communications leverages IoT market via acquisition
Published by: Sandy Bhadare at 04 Feb 2021 Indian telecommunications company Tata Communications took advice from Herbert Smith Freehills on its acq.
Indian telecommunications company Tata Communications took advice from Herbert Smith Freehills on its acquisition of a majority stake in eSIM provider Oasis Smart SIM Europe.
Tata Communications, part of Tata Group, a Mumbai-headquartered conglomerate, purchased a 58.1% stake in Oasis, which has its headquarters in France.
The transaction was announced towards the end of December last year.
By acquiring Oasis, Tata Communications will integrate Oasis’ technology and personalised service offering for the deployment of eSIMs and SIM technologies into its own company. The result will be end-to-end connectivity solutions for Tata customers.
Posted December 23rd, 2020 for Tata Communications Strengthens Tata Communications MOVE as a single source platform for global enterprise mobility needs Tata Communications and Oasis to drive next-generation product R&D and innovation for the global mobility and IoT markets
Tata Communications , a global digital ecosystem enabler, has acquired majority equity stake of 58.1% in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered embedded-SIM (eSIM) technology provider. Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be fully integrated into Tata Communications MOVE
TM , enabling an end-to-end embedded connectivity solution and strengthening Tata Communications MOVE™ as a single source platform for global enterprise mobility needs. Tata Communications will drive and accelerate product roadmap R&D with Oasis, leveraging and amplifying the gr
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Tata Communications stock hits all-time high after firm buys majority stake in French firm Oasis Smart SIM
Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE
BusinessToday.In | December 24, 2020 | Updated 12:38 IST
Tata Communications share has risen 13.26% in last three days. The stock opened with a gain of 2.54% at Rs 1,090 today
Share of Tata Communications rose over 9% in early trade today after the firm acquired majority stake in French firm Oasis Smart SIM. Tata Communications share gained 9.3% to Rs 1,144.95, a fresh all-time high, against previous close of Rs 1048.35 on BSE. Market cap of the firm rose to Rs 30,933 crore.
Tata Communications acquires majority equity stake in Oasis Smart SIM Europe SAS (Oasis), a leading eSIM technology provider
Posted On: 2020-12-23 05:04:37 (Time Zone: Arizona, USA)
Tata Communications, a global digital ecosystem enabler, has acquired majority equity stake of 58.1% in Oasis Smart SIM Europe SAS (Oasis), a France-headquartered embedded-SIM (eSIM) technology provider. Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. With this investment, eSIM technology will be fully integrated into Tata Communications MOVETM, enabling an end-to-end embedded connectivity solution and strengthening Tata Communications MOVE™ as a single source platform for global enterprise mobility needs. Tata Communications will drive and accelerate product roadmap R&D with Oasis, leveraging and amplifying the growth in the mobility and IoT markets.