Colombo, April 27, 2011: TATA Communications Lanka Ltd inaugurated its second International Gateway in Sri Lanka at the emerging IT Park, Orion City. Strengthening its seven-year presence in the country, the new facility will further strengthen the reliability and stability of its services to both operators and enterprise customers. The second International Gateway is a part of a strategy to offer cutting-edge IP-leveraged solutions enabled by the company’s superior global infrastructure and leadership in emerging markets.
“In the last seven years we have grown substantially, thanks to our customers and their trust in us. We thought it fit to have greater redundancy for the existing primary POP in Taj Samudra and to provide an independent back-haul, for extending reliable and stable services,” explained Mr. V. Ravi Sankar, CEO, TATA Communications Lanka regarding the objective of the new venture. “This will enable our customers to offer higher uptime and better service levels to their end customers, thereby becoming more competitive in the International business environment.” Acknowledging the support of the Telecommunications Regulatory Commission of Sri Lanka (“TRCSL”) and Board of Investment (“BoI”), Mr. Ravi Sankar said that both these organizations, under the respective leadership of Mr. Anusha Palpita and Mr. J.D. Bandaranayake, are forward-looking and very helpful.
“The second PoP not only strengthens stability, but also improves the reliability of the services offered to operators and enterprises, so that they receive an enhanced service experience,” said Mr. S. K. Gupta, Chairman, TATA Communications Lanka. “Through a very reliable network that connects customers globally, our customers can be confident, and the country at large will benefit,” he added. With the first phase of the venture underway, the total investment proposed is LKR 70 million.
The new gateway was inaugurated by the High Commissioner of India to Sri Lanka, Mr. Ashok K. Kantha, in the presence of distinguished guests and other delegates. Mr. Anusha Palpita, Director General, TRCSL, made the first formal IDD call through the new International Gateway to the Group CEO and MD of TATA Communications Limited, Mr. Vinod Kumar.
TATA Communications Lanka Ltd is a subsidiary of TATA Communications Limited, a TATA Group company and one of the largest telecommunications service providers in the world. Providing services to customers in Sri Lanka, TATA Communications Lanka has unrestricted access to the global network and infrastructure of TATA Communications Limited.
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) and Nepal (United Telecom Limited).
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)
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, update or alter its forward-looking statements.
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