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Short-term margin overhang likely for Tata Comm
The management of Tata Communications presented its product-to-platform strategy and explained how it hopes to grow its new products and portfolios, and geographies. The management targets doubling of data revenue by FY27 to ~28,000 crore (implied 18 per cent annual revenue growth). The DPS (Digital Platform and Services) segment is likely to contribute over 60 per cent of data revenue.