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Tata Communications Wins Capacity Magazine's Best Global Wholesale Offering Award 2009
LONDON, November 24, 2009 /PRNewswire-FirstCall via COMTEX/ --
Tata Communications, a
leading provider of a new world of communications, today announced that it
has received the Best Global Wholesale Offering Award from Capacity magazine.
This prestigious accolade from Capacity magazine, one of the most important
publications for telecommunications carriers and service providers, testifies
to Tata Communications' leadership in the development and implementation of
its wholesale strategy.
The judging panel comprising senior Capacity editorial staff as well as a
range of senior industry analysts recognized Tata Communications' pole
position in the wholesale business, which is anchored by a globe-spanning
network of submarine and terrestrial cables with over 300 PoPs, and reaching
to over 240 countries and territories.
Capacity magazine's Global Wholesale Telecommunications Awards recognise
the achievements of leading players in the wholesale telecoms industry. The
awards were announced on Nov 23 at the Capacity Europe 2009 event in
Amsterdam, at a reception attended by over 400 senior industry executives.
"Tata Communications impressed in all the judging categories for the
award from its solutions approach, quality and performance of the network,
reach, speed to market, pricing strategy as well as investment in their
network," said Matthew Whalley, editor of Capacity magazine. "The company has
shown itself to be a leader in voice communications and active in looking at
new services and propositions across the wholesale market".
The Tata Communications wholesale business services more than 1,600
carrier customers, 480 direct connect relationships, 785 mobile operators and
700 VoIP providers with a wide portfolio of innovative solutions to address
the specific needs of each segment of our industry - mobile operators,
broadband providers, new portal players, retail service providers and
wholesale carriers worldwide.
Earlier in June, Tata Communications was also made BT's primary voice
supplier of International Direct Dial outside of BT's footprint countries -
exemplifying Tata Communications' ability to meet service providers' global
communication needs and help them focus on their core business while gaining
large economies of scale.
Other achievements that helped Tata Communications win the award included
its completion of the Tata Global Network Intra-Asia (TGN-IA) cable which
provides route diversity in Asia and increased capacity to the Philippines
and Vietnam, and its role in the launch of the SEACOM cable, the first to
provide connectivity down the East coast of Africa. Tata Communications also
deployed a global Sonus-based next-generation network, launched
portability-corrected routing to 12 of the largest and most popular
destinations, and rolled out the industry's first global wholesale
carrier-offered voice peering service.
"This year's award is a timely recognition for Tata Communications' suite
of wholesale solution offerings which is backed by the industry most advanced
voice routing systems, a Tier-1 IP backbone and our very own TGN cable system
that assures high redundancy, solid resilience and low latency," said Michel
Guyot, President, Global Voice Solutions, Tata Communications "Our strategy
and our investment in developing industry leading wholesale solutions have
translated into valuable expertise and substantial cost savings for our
customers."
About Tata Communications
Tata Communications is a leading global provider of a new world of
communications. With a leadership position in emerging markets, Tata
Communications leverages its advanced solutions capabilities and domain
expertise across its global and pan-India network to deliver managed
solutions to multi-national enterprises, service providers and Indian
consumers.
The Tata Global Network includes one of the most advanced and largest
submarine cable networks, a Tier-1 IP network, with connectivity to more than
200 countries across 400 PoPs, and nearly 1 million square feet of data
center and collocation space worldwide.
Tata Communications' depth and breadth of reach in emerging markets
includes leadership in Indian enterprise data services, leadership in global
international voice, and strategic investments in operators in South Africa
(Neotel), Sri Lanka (Tata Communications Lanka Limited), Nepal (United
Telecom Limited), and subject to approval by the Chinese government, China
(China Enterprise Communications)
Tata Communications Limited is listed on the Bombay Stock Exchange and
the National Stock Exchange of India and its ADRs are listed on the New York
Stock Exchange. (NYSE: TCL)
http://www.tatacommunications.com
Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata
Communications and its prospects, and other statements, including those
relating to Tata Communications' expected financial position, business
strategy, the future development of Tata Communications' operations, and the
general economy in India, are forward-looking statements. Such statements
involve known and unknown risks, uncertainties and other factors, including
financial, regulatory and environmental, as well as those relating to
industry growth and trend projections, which may cause actual results,
performance or achievements of Tata Communications, or industry results, to
differ materially from those expressed or implied by such forward-looking
statements. The important factors that could cause actual results,
performance or achievements to differ materially from such forward-looking
statements include, among others, failure to increase the volume of traffic
on Tata Communications' network; failure to develop new products and services
that meet customer demands and generate acceptable margins; failure to
successfully complete commercial testing of new technology and information
systems to support new products and services, including voice transmission
services; failure to stabilize or reduce the rate of price compression on
certain of the company's communications services; failure to integrate
strategic acquisitions and changes in government policies or regulations of
India and, in particular, changes relating to the administration of Tata
Communications' industry; and, in general, the economic, business and credit
conditions in India. Additional factors that could cause actual results,
performance or achievements to differ materially from such forward-looking
statements, many of which are not in Tata Communications' control, include,
but are not limited to, those risk factors discussed in Tata Communications'
various filings with the United States Securities and Exchange Commission.
These filings are available at www.sec.gov. Tata Communications is under no
obligation to, and expressly disclaims any obligation to, updates or alters
its forward-looking statements.
Media Contacts:
Isabelle Turcotte
Tata Communications
+1-514-868-7505
Isabelle.turcotte@tatacommunications.com
Janice Goveas
Tata Communications
+91-92233-94575
Janice.Goveas@tatacommunications.com
Danny Lim
Hill & Knowlton Singapore for Tata Communications
+65-6390-3360
danny.lim@hillandknowlton.com.sg
SOURCE Tata Communications Limited
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