Tata Communications, the telecommunications branch of India’s largest business corporation, the $62.5 billion Tata Group, has contracted data centre wholesaler, Digital Realty Trust Inc, to provide a lease for a new walk-in data facility in Britain, as part of its world-wide IT communications network.
The new UK datacentre offers a turn-key facility that allows Tata to move in weeks earlier than could normally be expected, and provides state of the art facilities with green power, the latest cooling architecture, and redundant back-ups continually online.
Tata Communications, which has been under a cloud since the Indian government, which owns 26% of the company, expressed concerns about the company’s cash reserves reaching a “critical” point last January, is now back on top of things, with Tata’s CFO recently announcing that the company now had over $300 million in current cash reserves.
The new UK centre will allow Tata to expand its services to both UK and European customers.
This news comes on top of an announcement by Tata that it is moving into new markets in the high growth areas of Africa, with the setting up of new licence holder Neotel Pty Ltd, of which Tata owns 56%.
It is investing about half a billion dollars in underwater cabling which will connect South Africa and Europe to the Indian sub-continent.
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