Q3 PAT USD 210.6 mn USD | 9M data EBITDA up 16.9% YoY
January 23, 2017
Tata Communications today announced its financial results for the nine months and quarter ended on December 31st 2016.
Highlights | Q3 FY2017
Highlights | 9 Months FY2017
Commenting on the results, Vinod Kumar, MD and CEO, Tata Communications said, “These results illustrate our strategic intent, in both financial and operational terms. We continue to face challenges in the voice sector but our investment in digital competencies holds us in good stead for the future. Our recent investment in Teleena Holding B.V. reflects our strategic vision to build further capabilities in mobility and IoT, creating an access and usage agnostic, cross-border mobile experience for humans and machines alike.”
“These are exciting times with digitalisation creating new avenues for value and impact across the ecosystem. We continue to focus on building an agile enterprise, prioritising operational efficiency to continue to deliver first class solutions to our customers and partners worldwide.”
Pratibha K. Advani, CFO, Tata Communications said, “The operational performance of the business continues to be robust as the growth trajectory in the data business continues to be positive. The process of de-leveraging has begun and the business is generating healthy free cash flow.”
Corporate highlights | Q3 FY2017
Business highlights | Q3 FY2017
An Investor fact sheet providing a detailed analysis of the results for the half year and quarter ended December 31st 2016 has been uploaded on the Tata Communications website and can be accessed at:http://www.tatacommunications.com/sites/default/files/FIN-investorfact-sheet-PDF-20170123.pdf
 Traditional services include Virtual Private Network, International Private Line, Internet Leased Line, Ethernet, Internet Protocol –Transit, Inmarsat, Content Delivery Network, National Private Line, Mobility, Data Centre, Unified Collaboration and Conferencing
 Growth services include IZO™, Managed Hosting, Managed Security Services, Broadcast, Video Connect, SIP Trunking, Global Hosted Contact Center, Video Streaming, Mobile New Services, Healthcare, Media Management and Mobile Innovation.
About Tata Communications
Tata Communications Limited (CIN no: L64200MH1986PLC039266) along with its subsidiaries (Tata Communications) is a leading global provider of A New World of Communications™. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.
The Tata Communications global network includes one of the most advanced and largest submarine cable networks and a Tier-1 IP network with connectivity to over 240 countries and territories across 400 PoPs, as well as nearly 1 million square feet of data centre and collocation space worldwide.
Tata Communications’ depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services and leadership in global international voice. Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata Communications and its prospects, and other statements, including those relating to Tata Communications’ expected financial position, business strategy, the future development of Tata Communications’ operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Tata Communications, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of traffic on Tata Communications’ network; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology and information systems to support new products and services, including voice transmission services; failure to stabilize or reduce the rate of price compression on certain of the company’s communications services; failure to integrate strategic acquisitions and changes in government policies or regulations of India and, in particular, changes relating to the administration of Tata Communications’ industry; and, in general, the economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Tata Communications’ control, include, but are not limited to, those risk factors discussed in Tata Communications Limited’s Annual Reports. The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
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Press Release -- January 23rd, 2017