Tata Communications Q2 revenue up 2% as voice pressure mounts

Tata Communications today said its Q2 revenue in fiscal 2015 rose 2.4 percent to Rs 5,071.6 crore.

The contribution of Voice Solutions decreased to 44.8 percent from 47.5 percent, Data Services contribution increased to 43.4 percent from 41.1 percent, while South Africa telecom business contribution rose marginally to 11.9 percent from 11.4 percent.

Profit of Tata Communications increased 15 percent to Rs 92.39 crore.

Revenue from core business grew 1.7 percent to Rs 4,495 crore.

Tata Communications cloud

Enterprise segment solutions revenues rose 8.3 percent. Connectivity solutions like MPLS-VPN and IP transit led the network services growth.

The start-up business increased 8 percent to Rs 576 crore.

Tata Communications said its Capex for six months was $125.3 million.

Vinod Kumar, MD and CEO, Tata Communications, said: “Enterprises are beginning to harness the digital transformation to power their growth trajectories. They are expanding and restructuring their portfolios and service offerings while looking to scale globally.”

editor@telecomlead.com

Latest

More like this
Related

Tips on RCS messaging for telecom operators and enterprises

With RCS business messaging (RBM) set to experience significant...

Swisscom Q3 result shows growth in mobile connections

Swisscom Group’s Q3 2024 financial result has indicated that...

Vodafone in talks to buy Telekom Romania

Vodafone has signed a memorandum of understanding with Hellenic...

Virgin Media O2’s Q3 result shows loss of 74,300 mobile connections

Virgin Media O2’s Q3 2024 financial result indicated that...