Tata Communications, a global provider of communications services, today announces that it is providing Official F1 licensee/broadcaster Chello DMC live Formula 1 video feeds via its wholly owned fibre network for the first time this season.

The partnership builds on Tata Communications' proven capability as the Official Connectivity Provider of Formula 1 by giving Chello DMC access to the highest quality video content thanks to Tata Communications' global fibre network. Six live feeds and an additional unilateral feed from all 19 races this season will be distributed via the fibre network for broadcast on the Sport1 channels and via the Sport1 app.

Jelmer Kleingeld, VP and general manager at Chello DMC said, ''Formula 1 is one of the most popular spectator sports in the world. As the Official Connectivity Provider of Formula 1, Tata Communications already has the major fibre operations in place making it possible for us to pick up high quality content at an improved latency rate. We are committed to providing a highly innovative service to our client Sport1 and this new distribution capability opens up greater possibilities for the services we can provide to our clients in the future.''

Shares of the company gained Rs 3.1, or 1.06%, to trade at Rs 295.70. The total volume of shares traded was 16,661 at the BSE (1.16 p.m., Wednesday).