NEW DELHI: Tata Communications<\/a> Wednesday said it has acquired a majority stake (58.1%) in France-based embedded-SIM (eSIM<\/a>) firm Oasis Smart SIM Europe<\/a> (Oasis<\/a>).
Oasis develops and provides technologies and personalized services to enable the deployment of eSIM and SIM technologies.
With this investment, Tata Communications said, it will fully integrate eSIM technology into its MOVE transformational and IoT solutions portfolio to strengthen its position as a single-source platform for global enterprise mobility needs.
The telecoms company said it will focus on accelerating product roadmap, R&D with Oasis to contribute towards the growth of mobility and IoT markets<\/a>.
The investment will further enable Tata Communications to deliver full-scale enterprise mobility solutions to customers through complete access and management of the eSIM and software layer.
“Oasis has the right mix of technology expertise, agility as well as an exceptional talent. Through this investment, we will focus on the software layer of the Tata Communications MOVE<\/a> portfolio and drive further innovation in eSIM technology through product roadmap R&D,” said Tri Pham, Chief Strategy Officer, Tata Communications.
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