Founded in 1991 and privately owned by Tata Communications, The Switch is a US-based company employing approximately 190 people. Its primary business is providing connectivity and distribution services for media content. The company's platform facilitates the production and delivery of live content, integrating mobile and remote services, and offering production personnel support. The Switch's global network interconnects over 800 entities within the media industry, including producers, distributors, and venues, across locations such as the US, Canada, the UK, France, Switzerland, Australia, New Zealand, and Singapore. The network is monitored from its Network Operation Centers in Los Angeles, New York, and London. In 2023, the company's revenue was less than $100 million.
Tata Communications, a global digital ecosystem enabler, announced its financial results for Q1FY24 on 30th June 2023. The company's data business grew by 17.1% YoY to INR 3912 Crores. In a strategic move to enhance its video production and transmission capabilities, Tata Communications completed the acquisition of The Switch Enterprises for $58.8 million on an undisclosed date. This acquisition is expected to bring new opportunities for viewers and fans to experience high-quality, high-speed, and immersive live video content. The Switch Enterprises' broad and differentiated portfolio, combined with Tata Communications' trusted technologies and commercial and service organizations, aims to provide customers with a comprehensive range of solutions.
The Switch offers 3 products in the media tech industry. The Switch's product portfolio comprises of media managed services and connectivity and distribution services.
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The Switch's revenues were less than $250M in 2024. Caretta Research has split The Switch's revenue into 5 different product categories, the largest of which is media and broadcast satellite connectivity. For full access to The Switch's revenue breakdown subscribe to Caretta Portal.
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The Switch's customers primarily consist of broadcast television and radio companies. Examples of The Switch's customers include Globo, ITV and Disney Sports / ESPN. The Switch has commercial and technical partners like ITN, Aruji and Eutelsat. Examples of The Switch's suppliers include Net Insight, MediaKind and Haivision.