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TCS has partnered with Vantage Towers to launch a digital service platform enhancing property owner experience in telecom site leasing across Europe. The collaboration boosts telecom expansion, while TCS share price increased by 0.47%, closing at ₹3,549.35 on the BSE.
Tata Consultancy Services has joined forces with Vantage Towers, Europe’s second-largest telecom tower operator, to launch a digital service platform aimed at enhancing property owner experience in telecom site leasing. The new platform will streamline service processes, strengthen telecom site partnerships, and improve property owner retention across eight European markets.
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The digital platform will optimise service processes for property owners leasing land for telecom infrastructure.
TCS will deploy TCS Crystallus for telecom, accelerating digital transformation for Vantage Towers.
The platform will offer 24/7 personalised access to customer support, improving property owner engagement.
This initiative strengthens the long-term partnership between TCS and Vantage Towers.
Following the announcement, TCS share price rose by 0.47%, closing at ₹3,549.35 on the BSE.
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The new service platform will provide property owners with round-the-clock customer support through their preferred channels, ensuring seamless access to essential information. This initiative aims to convert property partners into long-term advocates by offering a unified digital experience, reinforcing Vantage Towers' commitment to operational efficiency.
TCS will integrate its industry-specific solution, TCS Crystallus for telecom, into the platform, leveraging advanced digital tools to enhance collaboration between landlords, telecom operators, and other stakeholders. This partnership aligns with Vantage Towers’ mission to expand its telecom infrastructure across Europe while maintaining strong relationships with property owners.
The strategic collaboration strengthens TCS’s position in the European telecom sector, showcasing its expertise in digital transformation. Investors responded positively to the development, leading to a 0.47% increase in TCS share price, which closed at ₹3,549.35 on the BSE. This growth reflects market confidence in TCS’s ability to drive innovation and add value to global telecom infrastructure projects.
Aspect | Details |
Companies Involved | Tata Consultancy Services (TCS), Vantage Towers |
Purpose of Partnership | Launching a digital service platform for telecom |
Target Markets | Eight European countries |
Key Technology Used | TCS Crystallus for telecom |
Benefit to Property Owners | 24/7 access to customer support and information |
Impact on TCS Share Price | Increased by 0.47%, closing at ₹3,549.35 on the BSE |
TCS’s collaboration with Vantage Towers highlights its commitment to driving digital transformation in the telecom sector. By introducing an advanced digital service platform, the company aims to strengthen property owner relationships and enhance telecom site partnerships across Europe. The positive response from investors, reflected in the rise in TCS share price, underscores market confidence in the initiative's long-term value.
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