Tata Communications Ltd is going to invest USD 300 million during 2017-18 into expansion of network, platform and software. It also aims at acquisitions in new service areas like Internet of Things, mobility and cloud.

Vinod Kumar, MD and Group CEO, Tata Communications Ltd has said that “In telecom, networks need to expand in terms of scale and reach to create infrastructure closer to customers. So, there is a natural amount of spend that is required….We will be spending USD 150 million on network, and USD 150 million into platform, software and other capacities.”

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