New cable system offers direct access to growing Gulf markets for global connectivity
Mumbai (BSE) & New York (NYSE) � 22 march 2012 - Tata Communications, a global communications service provider that owns and operates the world's largest subsea cable network, today announces the launch of its TGN-Gulf subsea cable system that will connect the Gulf to Mumbai, India and onward to the rest of the Tata Global Network (TGN).
In partnership with Nawras of Oman, Etisalat of UAE, Qtel of Qatar, Bahrain Internet Exchange of Bahrain, and Mobily of Saudi Arabia, the TGN cable system is the first TGN cable to serve the Gulf region and will offer network access to UAE, Oman, Qatar, Bahrain and Saudi Arabia, providing carriers and businesses with a direct route into the emerging markets of the Gulf region. The TGN-Gulf cable system will provide companies based in the region, and those looking to expand into these markets, with business-critical capacity for broadband data and high quality voice services.
The TGN-Gulf cable system will initially offer speeds of up to 10G and a greater geographical reach for Tata Communications' customers, providing a critical backbone for economic development across the Gulf region.
Radwan Moussalli, Managing Director, Middle East and North Africa (MENA), Tata Communications, says, "Tata Communications' global connectivity services are built on the world抯 largest and most advanced global submarine cable network available today, enabling carriers and enterprises to connect across the globe. The TGN-Gulf subsea cable system will act as the foundation for growth and technological innovation for businesses in one of the fastest growing emerging markets in the world. It is well positioned to meet the ever-growing demand for high-bandwidth voice and data services, lower latencies, higher uptimes and seamless scalability."
This new development is the latest in a series of expansions and upgrades to the TGN, and makes Tata Communications the only provider to offer a truly global network through its world-wide cable network. The cable network boasts significant depth in key emerging markets including China, India, South Africa as well as the Gulf region and currently covers nearly 20% of the world's internet routes reaching over 240 countries and territories.
The TGN-Gulf cable uses market-leading fibre optic connectivity to bring unmatched capacity and secure, scalable high speed bandwidth to all the key cities in the region, and the rest of the world. It will provide city-to-city connections in contrast to more traditional networks which only link cable landing stations. This approach is more cost-effective, flexible, provides a faster time to market and is easier to maintain and manage.
Tata Communications also today announces the completion of the world抯 first wholly-owned round-the-world fibre optic cable ring. In addition, its recently-announced global technology association with Formula 1™ and its public commitment to drive cross-network video collaboration through Global Meeting Alliance™ reflect its drive to further complement and strengthen its vision to deliver a New World of Communications to advance the reach and leadership of its customers and partners across the globe.
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 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, update or alter its forward-looking statements.