Tata Comm to invest R1,670 cr in Singapore ops

Written by Nikita Upadhyay | Nikita Upadhyay | Singapore | Updated: May 12 2011, 08:43am hrs
Tata Communications (TCL) on Wednesday said it will invest SG$440 million (about R1,670 crore) over the next four years in its operations in Singapore. The investment will mainly be made in network and IT services, for improvement of infrastructure here, setting up a control centre and a managed services tower. Of this, 40% would be spent on the network and infrastructure, and the rest for setting up a control centre and a managed services centre, said Vinod Kumar, MD & CEO, TCL.

The company also said Singapore has received an official international headquarter status appointment by the Singapore Economic Development Board (EDB). TCL plans to increase its local Singapore workforce by 60% over the next four years. This includes an addition of 40 new staff to TCLs global managed services control tower, as well as additional staff into its next generation services development centre.

(Tata Comm organised the travel for this story)