Tata Communications Ltd announced the liquidation of its wholly owned indirect subsidiary, MGage SA DE CV, based in Mexico, effective October 1, 2025. This strategic move is part of the company’s restructuring efforts to focus on core businesses and streamline its global operations for enhanced efficiency and profitability.
Tata Communications Limited, a global digital ecosystem enabler, has confirmed the liquidation of its wholly owned indirect subsidiary MGage SA DE CV, headquartered in Mexico. The liquidation, which takes effect from October 1, 2025, is aligned with the company’s broader strategic vision to consolidate operations and prioritize core telecom and digital infrastructure services.
MGage SA DE CV, which offered messaging services, had been classified under Tata Communications’ Data Services segment. The decision to liquidate reflects changing business priorities and a realignment toward more profitable and scalable units within Tata Communications’ portfolio. This move is expected to optimize resource allocation, reduce operational complexity, and sharpen focus on the growing Indian and global markets.
According to Tata Communications’ recent financial disclosures, such restructuring initiatives are part of ongoing efforts to drive innovation, improve margins, and accelerate growth in key sectors such as digital connectivity, cloud, and cybersecurity. The liquidation has no significant financial impact on the company’s consolidated revenue for the current fiscal year.
Key Highlights:
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Effective liquidation date: October 1, 2025
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MGage SA DE CV is a wholly owned indirect Tata Communications subsidiary based in Mexico
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Strategic focus shift toward core telecom and digital infrastructure businesses
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Aim to reduce operational complexity and improve profitability
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Part of ongoing restructuring initiatives for growth acceleration
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No material financial impact on consolidated revenues for FY26
Sources: Tata Communications official release, Stock Insights, Company financial disclosures