Jaguar Cars Are About to Get a Major Upgrade—Here’s What You Need to Know
Discover how Jaguar’s partnership is transforming the future of driving.
Jaguar Land Rover (JLR) and Tata Communications have enhanced their partnership to revolutionize the connected car experience. With the help of Tata Communications MOVE™ platform, JLR’s next-generation vehicles will offer continuous connectivity in 120 countries, improving real-time vehicle location, smarter driving experiences, and over-the-air (SOTA) software updates.
Key Features of the Partnership
The collaboration will enable JLR vehicles to switch seamlessly between mobile networks, ensuring uninterrupted access to services like media streaming and secure data exchange. This also supports advanced driver assistance systems (ADAS) and efficient SOTA updates, reducing maintenance costs for vehicle owners.
Impact on Data and Insights
JLR’s fleet generates 2.5 terabytes of data daily. Tata Communications MOVE™ platform will allow JLR to leverage this data for real-time vehicle performance monitoring and updates. This will improve vehicle maintenance, reduce costs, and enhance customer experience.
Revenues and Financial Performance
Tata Communications saw an 18.4 per cent YoY increase in consolidated revenues, with digital revenues rising by 52.4 per cent YoY. The company’s EBITDA margin stood at 19.4 per cent, with a PAT growth of 3 per cent YoY, totaling Rs 227 crore. Despite this, core connectivity growth remained modest, growing just 3 per cent YoY.
DSIJ offers a service 'Flash News Investment' with recommendations for Profit-making Ideas for You (Weekly) based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Debt and Asset Monetization
The company’s net debt-to-EBITDA ratio is 2.37x. It is working on asset monetization, including a land sale in Chennai that could yield between Rs 750 crore and Rs 850 crore, which will contribute to shareholder value.
Growth Outlook and Challenges
Tata Communications is focusing on expanding its fiber network in various towns and is optimistic about revenue growth despite macroeconomic challenges. The core connectivity market, however, remains in a declining trend, with expectations of low-to-mid single-digit growth.
Disclaimer: The article is for informational purposes only and not investment advice.