Zacks Investment Research downgraded shares of TATA COMMUNICAT (TCL) from NEUTRAL to UNDERPERFORM on May 24, 2012, with a target price of $6.90.
Tata Communications Limited along with its global subsidiaries is a leading global provider of the new world of communications. The company leverages its Tata Global Network, vertical intelligence and leadership in emerging markets to deliver value-driven, globally managed solutions to the Fortune 1000 and midsized enterprises, service providers and consumers. The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers, as well as broadband and content services to Indian consumers.
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