Leading Analyst Firm bases its evaluation on Tata Communications’ completeness of vision and ability to execute
Mumbai, April, 11, 2011 – Tata Communications, a leading provider of the new world of communications, today announces that its global enterprise business has been recognized in the latest Gartner Magic Quadrant for Global Network Service Providers (NSP), with Tata Communications being positioned in the Visionaries Quadrant. The Magic Quadrant evaluates Global NSPs based on their offer to market responsiveness and track record, geographic strategy, and overall viability.
“In the past year we have focused on strengthening our Global Network Service Provider offering and vision, with an increased emphasis on delivering the robust and flexible customer service we know our clients need. That focus will continue over the coming year as we look to exploit many opportunities open to us,” commented Laurie Bowen, President, Sales & Strategy, Global Data & Mobility Solutions, Tata Communications. “Achieving this recognition from the Gartner Magic Quadrant reinforces that our approach to market is succeeding and will drive change in this highly competitive sector.”
Over the past year Tata Communications has been focusing on leveraging its global network of undersea cables in order to deliver high-capacity services, globally, at compelling prices. This, coupled with new service offerings in media and entertainment, managed security, data center, cloud services and Telepresence, has increased the company’s footprint in the international market. At the same time, Tata Communications has been further bolstering its presence in emerging markets and now has significant point-of-presence (POP) density in India, together with a firmly established footing in both the African and Middle East markets.
About the Magic Quadrant
The Magic Quadrant is copyrighted 31 March 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability, or fitness for a particular purpose.
- Gartner, Inc “Magic Quadrant for Global Network Service Providers” by Neil Rickard, Robert F. Mason, March 31, 2011
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)
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.
Vaishnavi Corporate Communications