Tata Communications to buy balance stake in Singapore’s ​Oasis Smart Sim for Rs 99.3 crore

Mumbai: Tata Communications International Pte Ltd., a wholly-owned unit of Tata Communications, has signed a share purchase agreement to buy the remaining nearly 42% stake of Oasis Smart Sim Europe SAS for Rs 99.3 crore ($ 12 million).

Tata Communications had acquired a majority stake (58.1%) in Oasis Smart Sim Europe SAS in 2020.