Tata Consultancy Services (TCS) is eyeing emerging markets like India, Canada, Latin America and Africa as new growth markets for telecom-related services.
Ravi Viswanathan, TCS global telecom practice head, said, "We see opportunities in Africa and so far, we have only looked at South Africa. We have started combing Latin America. India is very attractive as the tele-density is still low, while Canada has seen a slew of telecom licences being issued." The company is also focusing on driving enterprise mobility and automation through mobile phones.
TCS is considering acquisitions in order to establish presence in these emerging markets. It is searching for companies that can provide products or scale in untapped markets or an opportunity for a higher value-add.
The company has seen the entry of new telecom players in India, providing a great opportunity for outsourcing through Tata Communications. TCS has tended to miss out on large outsourcing deals from private telecom operators. However, the company has been successful in bagging a RS 574 crore, multi-year deal from the state-run telco BSNL (Bharat Sanchar Nigam Limited), reports the Economic Times.
Enterprise mobility is an area of growing interest to TCS, and currently constitutes about one per cent of TCS’ revenues. Viswanathan said enterprise applications are largely desktop-based but can be provided on mobile phones ensuring ease of use and real-time data availability. The only obstacle is the lack of wireless broadband access. X
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