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Global digital ecosystem enabler announces launch of cloud-based 5G Roaming Laboratory to allow trial of 5G standalone network use cases before introducing services to enterprise customers.
Tata Communications, a global digital ecosystem enabler, today announces it has entered into a share purchase agreement through its Singapore-based subsidiary Tata Communications International Pte Limited (TCIPL) to acquire the remaining 41.9% equity in Oasis Smart SIM Europe SAS (Oasis), a leading embedded-SIM (eSIM) technology provider. The transaction enables TCIPL to gain complete 100% equity shareholding in Oasis Smart SIM Europe enabling Tata Communications to accelerate and augmen...
Tata Communications said that it expected the acquisition to be completed within a month from the date of announcement, subject to customary legal requirements.
Oasis develops and provides advanced technologies and personalised services to enable the deployment of eSIM and SIM technologies. It has delivered over 350 million operating systems worldwide, worked with more than 100 mobile network operators (MNOs) and has been helping OEMs and IoT service providers to deliver eSIMs potential to global enterprises
Following the transaction, which the company expects to close in about a month, Tata Communications' Singapore-based subsidiary Tata Communications International Pte (TCIPL) would acquire 100 percent equity shareholding in Oasis Smart SIM Europe.