Tata Communications arm invests in Dutch firm
In a regulatory filing to the BSE, the city-based company said the undisclosed amount of investment, made on Friday, was part of its long-term development strategy of its global mobility and IoT (Internet of Things) services.
"As a result of this investment, Tata Communications (Netherlands) B.V., becomes the single largest shareholder of Teleena with a 35 per cent stake," said the filing.-Agency