Tata Sons may have to sell Tata Communications assets

MUMBAI: As Tata Sons is grappling with what to do with loss-making Tata Communications (TCL), one of the options being considered is to combine some businesses of the digital infrastructure company with Tata Consultancy Services and sell off the rest, people familiar with the matter said.
“Some similar services of Tata Communications may be merged with TCS and the rest of the business sold as separate business ventures. But it may not be an easy plan to execute, given the government shareholding in the company,” said one person.
Tata Communications, whose CEO Vinod Kumar resigned abruptly last week, owns and operates a sub-sea fibre network that carries about 30% of the world’s Internet routes. Its services including cloud platforms, real-time connectivity and hosted data centres are currently offered together with software company TCS, the people said.