Tata Communications’ Payment Solutions business took a drubbing in October-December due to demonetisation. The company, however, hopes revenues will pick up as cash will continue to play an important role in the economy. In an interview with Nirmalya Behera and Jayajit Dash, Vinod Kumar, managing director and chief executive officer of Tata Communications, speaks about the ATM business, the partnership with Nilesat and data services growth. Edited excerpts:
What was the effect of demonetisation on earnings from the ATM business? Will revenue from ATM operations shore up in 2017-18?
The payment solutions business was adversely affected by demonetisation in October-December. But the