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Tata Communications Stock: Major Update Post-Market Close, Watch Tomorrow After China JV Announcement
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Tata Communications Forms China JV: Big Update After Market Close, Watch Stock Tomorrow
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CNBC Awaaz
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18-03-2026, 22:30
Tata Communications Forms China JV: Big Update After Market Close, Watch Stock Tomorrow
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Tata Communications forms new Joint Venture (JV) in China to strengthen its business.
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Wholly-owned subsidiary Tata Communications (Hong Kong) Limited partners with Shanghai Runshengtong Management Consulting Co. Ltd.
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New company, TC (Shanghai) Technology Company Limited, officially established on March 12, 2026.
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Both partners hold an equal 50-50% stake, with an initial cash investment of RMB 5 million each, totaling RMB 10 million.
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TC Shanghai will focus on value-added telecom and end-to-end technology services, including software development and technical consulting.
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