News & Analysis » India

Tata Comm. Clinches Two-Year IP Transit Deal With Axiata Group

(RTTNews) - Tata Communications Ltd., or Tata Comm, said it had clinched a two-year deal from Malaysia's Axiata Group to build and manage a new IP-based network in Asia Pacific. The partnership enables Axiata group to meet rapidly growing demand for mobile data.

The deal will extend to markets including Dialog Telekom in Sri Lanka, PT XL Axiata in Indonesia, Celcom Axiata in Malaysia and MobileOne in Singapore.

With Tata Communications' Tier-1 backbone, MP:LS network, and IP Exchange framework, Axiata will be able to provide lower latency and better service support for real-time applications, such as web browsing, downloads, Facebook, Twitter, or mobile video telephony??”ultimately achieving universal interoperability and delivery of multiple converged IP services.

According to recent metrics reports from AdMob, one of the world's largest and fastest growing mobile advertising networks, mobile traffic in Asia increased six times in the last two years. Smartphone penetration has reached 40 per cent across Southeast Asia in Q4 2009, with Singapore having the region's highest figure of 77 per cent, the company said.

At the BSE, Tata Comm. Shares are currently trading at Rs.329.30. Down by 0.80% from the previous close.