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Tata Communications Ltd. (TCOM) plans to expand its operations in Kenya, Tanzania and southern Africa and will seek partnerships with domestic companies to build infrastructure, Business Day reported.
Tata will use its Neotel unit in South Africa to expand in the region, the Johannesburg-based newspaper said, citing Chief Executive Officer Vinod Kumar. Neotel posted its first full-year profit before interest, tax, depreciation and amortization since it began operations five years ago, Business Day said.
To contact the reporter on this story: Jana Marais in Johannesburg at jmarais@bloomberg.net
To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net