Tata Communications, a global provider of communications services, today announced that it has been chosen by Formula One Management (FOM) to provide broadcast services for the GP2™, GP3™ and Porsche Supercup racing series. Tata Communications will provide a fully diverse end-to-end fibre and satellite solution to broadcasters from across the globe at the 12 race locations in 2015.
With this agreement broadcasters will have access to a provider with knowledge and experience in motor racing and the infrastructure capability to provide specific media management and movement services that go above and beyond the core technology.
Bernie Ecclestone, chief executive officer of the Formula One group commented, ''We are always looking to help provide our partners and clients with the highest standards of support and service and our decision to appoint Tata Communications as the provider of these broadcast services is designed to deliver this.''
Shares of Tata Communications gained Rs 5.55, or 1.26%, to trade at Rs 444.45. The total volume of shares traded was 61,509 at the BSE (1.15 p.m., Tuesday).