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Company News Details

Tata Consultancy Services Ltd
Industry :  Computers - Software - Large
BSE Code
ISIN Demat
Book Value()
532540
INE467B01029
230.5494501
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
TCS
26.76
1293430.11
EPS(TTM)
Face Value()
Div & Yield %
133.59
1
2.04
 

Tata Consultancy Services Ltd
TCS joins hands with Vantage Towers to transform telecom infrastructure across Europe
Mar 06,2025
Vantage Towers is a leading tower company in Europe with more than 86,000 sites in ten countries, connecting people, businesses and devices in cities and rural areas. The company was founded in 2020 and is headquartered in Düsseldorf. Its portfolio includes towers, masts, rooftop sites, distributed antenna systems (DAS) and small cells.

The partnership aims to streamline service processes for property owners, enhance retention, and strengthen telecom site partnerships for Vantage Towers across Europe. TCS will also deploy TCS Crystallus for Telecom, an industry specific offering designed to accelerate digital transformation.

Through this program, property owners across eight markets in Europe will benefit from round-the-clock personalized access to customer support via their preferred channels. This approach empowers landlords and enables Vantage Tower agents and other stakeholders to seamlessly access crucial information across the enterprise through the unified platform.

Tobias Steinig, chief digital officer at Vantage Towers said, 'Long-term relationships with our landlords are a win-win-situation for both sides and, in addition, the foundation for a successful network expansion and digitalization in Europe. This joint project underscores our commitment to operational excellence and reinforces our promise of stable partnerships based on high-quality service experience and transparency.”

Rohit Batra, general manager and vice president for Manufacturing, Telecommunications, Media, and Technology at ServiceNow, said, 'At ServiceNow, we're committed to helping organizations like Vantage Towers transform their operations through intelligent digital workflows. This strategic partnership will enable Vantage Towers to consolidate disparate systems into a unified platform, delivering enhanced experiences for their landlords while optimizing operational efficiency. We're proud to support Vantage Towers in their journey to becoming a fully digital tower company and setting new standards for the telecommunications infrastructure industry.'

TCS is an IT services, consulting, and business solutions organization. It offers a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions.

The company reported a 3.95% increase in consolidated net profit to Rs 12,380 crore in Q3 FY25 as compared with Rs 11,909 crore in Q2 FY25. Revenue from operations fell 0.45% QoQ to Rs 63,973 crore during the quarter.

The counter rose 0.47% to settle at Rs 3,549.35 on Wednesday, 5 March 2025.

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