TCS Share Price in Focus as Vantage Towers Partnership Boosts Telecom Digitisation

In a major development for the European telecom industry, Tata Consultancy Services (TCS) has joined hands with Vantage Towers, the continent’s second-largest telecom tower operator, to launch a state-of-the-art digital service platform, the company said in a press release on the stock exchanges.

The Vision Behind the Partnership

Vantage Towers, with its extensive network of 86,000 sites across ten countries, plays a crucial role in Europe’s connectivity landscape. Recognising the need for an advanced digital infrastructure to streamline interactions with property owners, the company has chosen TCS as its strategic technology partner.

The collaboration aims to simplify service processes for property owners, ensuring a seamless and efficient telecom site management system. This initiative is expected to strengthen partnerships with landlords, thereby facilitating long-term collaborations essential for network expansion and digitalisation efforts.

The Role of ServiceNow and Advanced Digital Workflows

TCS is collaborating with ServiceNow, a leading digital workflow solutions provider, to further enhance the platform’s capabilities. By integrating ServiceNow’s intelligent workflow automation, the partnership will allow landlords to raise service requests effortlessly while optimising overall operational efficiency.

TCS Share Price Performance

As of March 6, 2025, Tata Consultancy Services (TCS) share price traded at ₹3,544.30 at 10:00 AM on the NSE, down 0.08% (-₹2.75) from its previous close of ₹3,547.05. The stock opened at ₹3,557.00, reached an intraday high of ₹3,573.00, and touched a low of ₹3,536.10.

Conclusion

The partnership between TCS and Vantage Towers marks a significant step towards digitising telecom site management across Europe. By leveraging advanced digital solutions and workflow automation with ServiceNow, this initiative aims to enhance efficiency, transparency, and long-term partnerships with property owners.

As TCS strengthens its presence in the European telecom sector, its stock remains in focus, reflecting investor interest in its strategic collaborations and digital transformation efforts.

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