Tata Communications is planning to invest about Rs 2.3 billion over the next two years in its newly formed Global Media and Entertainment Solutions group.

Tata Communications is planning to invest about Rs 2.3 billion over the next two years in its newly formed Global Media and Entertainment Solutions group.The company hopes to generate revenues of $200-$300 million in the next few years from this business portfolio through its new launches, Video Connect and Mosaic. It hopes to break even by March 2011.