TCom is a leading global provider of telecommunications solutions and is one of the top global wholesale voice operators, enterprise data and internet services in India. The company also provides broadband and content services to retail consumers. Formerly known as Videsh Sanchar Nigam Limited, it was established in April 1986 as a wholly owned government organization. In February 2002, under Government’s plan for disinvestment, Tata Group acquired 45 % stake in VSNL in 2002 through its investment vehicle Panatone Finvest Ltd, and subsequently raised it to 50.1% becoming the majority shareholder in the company. In 2008, the Company was renamed as Tata Communications Ltd. and thus integrated various brands of VSNL like VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit and CIPRIS.