"Wouldn’t it be less than AT&T, since AT&T are bigger?" You may want to have a look at who TATA are and how big they are,a few examples below. Biggest network in the world.
$3.2 billion in annual revenue in FY13-14 with 77% of this revenue generated outside of India
Over 8000 employees globally, 30% of which are located outside India, and over 40 nationalities represented
Largest wholesale voice carrier carrying 53 billion minutes of wholesale voice traffic annually – that’s 1 in 10 voice calls globally
1,600 telcos use our network to connect to you (70% of the world’s mobile network operators)
World’s largest wholly owned submarine fibre network – more than 500,000 km of subsea fibre, and more than 210,000 km of terrestrial fibre
Only Tier-1 provider that is in the top five in five continents, by internet routes
Over 24% of the world’s internet routes are on Tata Communications’ network
400+ PoPs reach more than 200 countries and territories
44 data centres and colocation centres with over 1 million sq. ft. of space
The deal to cancel the $7m CR pricked my ears up.
SYT Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held