Tata Communications Launches 5G Roaming Lab, To Raise ₹1750 Crore
The telecom company, Tata Communications, has launched a cloud-based 5G Roaming Laboratory. This laboratory will allow telecom operators to test 5G network use cases before offering them to their customers.
The lab will monitor traffic and network usage to ensure a high-quality experience for mobile phone users while roaming. It will also help assess network performance and conduct internet trials on the 5G network.
The lab is equipped with advanced server applications to provide fast and secure 5G roaming connectivity. This is important as the adoption of 5G is increasing globally, with an estimated 5 billion connections by 2030.
Tata Communications plans to raise ₹1,750 crore by issuing Non-Convertible Debentures (NCD). They will issue 1,75,000 NCDs with a face value of ₹1,00,000 each to eligible investors.
The NCDs will mature three years from the allotment date, which is deemed to be August 29, 2023. Tata Communications intends to list the NCDs on the Wholesale Debt Market Segment of the National Stock Exchange of India Limited (NSE).
Tata Communications’ shares rose by 2% on August 23 after revealing a global cloud-based 5G Roaming Lab. The company’s stock reached a one-year peak, surging by 2.81% to ₹1,831.95 each on the BSE.
By 12:00 pm, the share price was up 2.19% at ₹1,820.95 on the BSE. At 2:25 pm, Tata Communication’s shares traded at Rs 1,817.50, marking a 1.98% increase from the previous NSE close.
The Tata Communications 5G Roaming Laboratory will offer several benefits for mobile network operators (MNOs). This valuable infrastructure will allow MNOs to test, optimize, and ensure the success of their 5G roaming services.
- The lab will provide a simulated environment where MNOs can test their 5G roaming services. This helps them identify and fix any issues before launching their services, ensuring a smooth experience for customers.
- It will offer various tools and features to optimize 5G roaming services. MNOs can use a performance monitoring tool to track service performance, a troubleshooting tool to identify and resolve problems, and a reporting tool to track service usage.
- It will also provide a secure and reliable testing environment, ensuring the safety of MNOs’ data and services.
- The laboratory is accessible to MNOs of all sizes, making it a valuable resource for both large and small operators.