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18 April, 2024 09:02 IST
Tata Comm partners with Taiwan's Chunghwa Telecom
Source: IRIS | 22 Feb, 2018, 10.57AM
Rating: NAN / 5 stars.
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Tata Communications, a leading digital infrastructure provider, is joining forces with Chunghwa Telecom, Taiwan's largest mobile network operator, to bring global connectivity to consumer electronics and industrial Internet of Things (IoT) devices.

Tata Communications MOVE - IoT Connect™ allows IoT devices to be deployed quickly both locally and internationally by leveraging Tata Communications' ecosystem of mobile network operators worldwide.

As part of this ecosystem, Chunghwa Telecom will be able to tap into additional revenues by connecting IoT devices through Tata Communications MOVE™.

The Taiwanese electronics industry output is expected to be worth USD 228 billion (NT$6.65 trillion) in 2018, and the wearables market grew at double digits in both volume and value terms in 2017. Chunghwa Telecom looks to capitalise on this growth through the existing IoT roaming services it provides, and by offering its device manufacturer and enterprise customers’ IoT services instant global reach through Tata Communications MOVE -IoT Connect™.

''IoT devices require borderless, secure and scalable connectivity to enable the capture, movement and management of information worldwide,'' said Anthony Bartolo, Chief Product Officer, Tata Communications.

''Cellular connectivity is an effective foundation for IoT services, but the problem is that today's mobile networks are inherently local - there is no such concept as a global mobile network. We want to change that. We're excited to work with Chunghwa Telecom and other leading mobile network operators around the world to build a truly global ecosystem of connectivity, and spur IoT adoption by businesses worldwide.''

Shares of the company gained Rs 0.25, or 0.04%, to trade at  Rs 625.65.  The total volume of shares traded  was  3,659 at the BSE (10.42 a.m., Thursday).

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