Last $7.85 USD
Change Today -0.08 / -1.01%
Volume 9.4K
TCL On Other Exchanges
Symbol
Exchange
Natl India
As of 12:43 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

tata communications-adr (TCL) Snapshot

Open
$7.86
Previous Close
$7.93
Day High
$7.96
Day Low
$7.84
52 Week High
10/4/12 - $9.86
52 Week Low
05/23/12 - $7.12
Market Cap
1.1B
Average Volume 10 Days
61.2K
EPS TTM
--
Shares Outstanding
142.5M
EX-Date
07/12/12
P/E TM
--
Dividend
$0.07
Dividend Yield
0.92%
Current Stock Chart for TATA COMMUNICATIONS-ADR (TCL)

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tata communications-adr (TCL) Details

Tata Communications Limited provides communications services to multi-national enterprises, service providers, and Indian consumers worldwide. It offers international and national long distance voice services. The company also offers connectivity services comprising IP virtual private network, Hybrid VNO, application-aware, Ethernet, Internet access, and private line services; managed IT infrastructure services, which include co-location, managed hosting, and managed storage services; managed application services that comprise audio and Web conferencing, business messaging and collaboration, hosted contact center, and managed voice services; managed security services that include cloud-based services, professional services, and CPE-based services; professional services and outsourcing services; and media and entertainment solutions to enterprise customers. In addition, it provides IP, voice, mobile, transmission, business transformation, and data center services to service providers; and retail solutions comprising broadband, WiFi, net telephony, global roaming coverage, international calling, and mail services, as well as global calling cards. The company was formerly known as Videsh Sanchar Nigam Limited and changed its name to Tata Communications Limited in 2008. Tata Communications Limited was founded in 1986 and is based in Mumbai, India. As of May 9, 2002, Tata Communications Limited operates as a subsidiary of Panatone Finvest Ltd.

7,770 Employees
Last Reported Date: 06/28/12
Founded in 1986

tata communications-adr (TCL) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

tata communications-adr (TCL) Key Developments

Tata Communications Announces Its Intention To Delist ADSs From NYSE

Tata Communications Limited announced its intention to delist its American Depositary Shares (ADSs), as evidenced by American Depositary Receipts (ADRs), from the New York Stock Exchange (NYSE) and to terminate its ADR program. Tata Communications will concentrate all trading of its ordinary shares on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited in India and will be terminating its current ADR program. The Company’s Board of Directors has taken into account the recent low trading volume of its ADSs on the NYSE, the upcoming date for compliance with the Securities and Exchange Board of India (SEBI) mandate on minimum public shareholding and the associated costs of maintaining the listing and related obligations. The Company intends to file a Form 25 with the SEC to effect the delisting from the NYSE on or about May 28th, 2013. The delisting will become effective 10 days after such filing. Tata Communications will continue to be subject to reporting obligations under the U.S. Securities Exchange Act of 1934 (the Exchange Act) until such time as it can terminate its registration under the Exchange Act. The Company further announces that, subject to the delisting becoming effective, it will amend the deposit agreement pursuant to which the ADRs were issued (the “Deposit Agreement”) and terminate the Deposit Agreement and its ADR program. The amendment will require the Depositary to sell the ordinary shares of the Company underlying any ADRs that remain outstanding as soon as practicable after the date that is 30 days after termination of the ADR program becomes effective, on or about August 14th, 2013. Holders of the Company’s ADRs will have until at least August 13th, 2013 to decide whether to retain their interest in the ordinary shares of the Company. At any time prior to August 13th, 2013, ADR holders may surrender their ADRs in exchange for the underlying ordinary shares of the Company. As soon as practicable on or after August 14th, 2013, the Depositary will sell the ordinary shares underlying any ADRs that have not theretofore been surrendered. The Depositary shall thereafter hold un-invested the net proceeds of any such sale, for the pro-rata benefit of the holders of any such outstanding ADRs.

Tata Communications Limited, Board Meeting, May 15, 2013

Tata Communications Limited, Board Meeting, May 15, 2013. Agenda: To approve delisting of TCL's American Depositary Shares (ADR) from the New York Stock Exchange; and to terminate its ADR program.

Tata Communications Announces the Launch of Voice Business Apps

Tata Communications announced the launch of Voice Business Apps, a new suite of hosted tools and managed services designed to help service providers more efficiently and profitably run their international voice business offerings. Voice Business Apps includes Tata Communications' Virtual Point of Presence (PoP) capability, which enables carriers to send traffic using Tata Communications' next generation IP infrastructure while remaining in control of their own routing, as well as an array of hosted tools and managed services, which together offer the industry's broadest suite of solutions to help providers tackle the challenges of today's international voice market. International voice providers, facing slow market growth and intensifying competition, can struggle to build a business case to update legacy tools and systems to increase efficiency and quality to stay competitive. Tata Communications' Voice Business Apps provides market-leading capabilities and covers all the critical aspects of the international voice business. The solution addresses the underlying network which carries calls from originating to terminating provider. The Best Value RoutingTM engine identifies the optimal balance of cost and quality for each call, and the back office tools ­ including rate, billing invoice, provisioning and reporting tools ­ making it easy to track efficiency and costs.

 

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TCL Competitors

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Company Last Change
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Industry Analysis

TCL

Industry Average

Valuation TCL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book -- Not Meaningful
Price/Cash Flow 5.2x
TEV/Sales -- Not Meaningful
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