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Summary:

Tata Comm has had a fairly active quarter, besides launching CDN services in partnership with BitGravity, it’s done a decent job of posting…

Tata Comm has had a fairly active quarter, besides launching CDN services in partnership with BitGravity, it’s done a decent job of posting a 40% rise in net profits quarter-on-quarter. However, pay close attention to the same quater last year and you notice both total revenues and net profits have infact dropped. Total revenues have dipped 11% from Rs 1035 crores to Rs 921 crores and net profit has fallen 5.6% from Rs 1041 crores to Rs 983 crores. Probably one of the reason’s why they have not made public a detailed earnings release, is Tata losing market share in the teleservices business? Results here

On a brighter note, Tata Communications will be takings its WiMax services to 115 towns and 4-5 cities this fiscal. The firm currently uses its underground cable network to provide WiMax services. It will be investing $2 billion as capital expenditure in laying submarine cable systems and rolling out Wimax services.

  1. This is amazing news that I feel most of the mainstream is missing. The partnership with TATA and BitGravity is huge. We are talking about two major companies in their respective spaces. I think that you need to really look past the AT&T;'s and Akemi's out there, consider them the old front, and look at these continually rising stars. Get involved now, use, purchase what they have. Then when they emerge as the power they truly are, your already set. Akemi and AT%T are really overhead kings, with their institutional practices slowing them down. This is an exciting time, for these types of companies (TATA and BitGravity) will continue to get it all done without much notice or fanfare..Until one day when bam, they are right there and everyone is noticing….

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  2. To clarify, we are talking a growth market, and still seeing growth, how can this be a loss of marketshare. In AsiaPac, TATA is pretty much it. That is still growing, but will be more expensive as it enters more competative markets. Still, the partnerships they are building with companies, like BitGravity will help them in that competative growth. I'm not missing the point the author makes, I simply don't agree with the by the numbers analysis. I think there is much more in play here.

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  3. Tata comm and BitGravity can make good partnership in Fiscal.

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