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Tata Communications to acquire New York-based The Switch Enterprises

Tata Communications will spend US$ 58.6 million to purchase 100% equity in The Switch Enterprises, better known as "Switch", as well as a number of overseas businesses.

The Switch Enterprises LLC, a New York-based provider of video production and transmission services, will be acquired by Tata Communications through its wholly-owned foreign subsidiary Tata Communications (Netherlands) B. V, the company declared on December 22, 2022.

Tata Communications will expand its presence in the US media and entertainment business as a result of this transaction. In addition to the 100 percent stock holding, Tata Communications will also acquire the assets of the parent Canadian, American and British subsidiaries

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