New York (NYSE), Mumbai (NSE, BSE) � November 15th, 2012 - Tata Communications, a leading provider of A New World of Communications, has won the Best Asian Wholesale Carrier Award at the 2012 Capacity Awards. The Capacity Awards, presented at Capacity Europe in Amsterdam yesterday, recognises wholesale players who have established themselves at the forefront of the wholesale telecoms industry by applying innovative processes and strategies to their wholesale businesses.
Alex Hawkes, Editor of Capacity Magazine, says: "This award pays tribute to Tata Communications' strong and valuable position in the region, where it is able to offer high capacity reach to growth markets in South and Southeast Asia. The judging panel was highly impressed with the company's substantial infrastructure investments during 2012, as well as the introduction of a number of new innovative initiatives, such as the IPX+ mobile broadband enablement framework. I would like to congratulate Tata Communications for winning the Capacity award for Best Asian Wholesale Carrier."
Tata Communications' breadth of wholesale offerings helps service providers address their core business challenges including service reach and interoperability, end-user experience, efficient capital allocation, and technology transformation. The past year has seen service innovation to support convergence with the launch of the IPX+ framework to address mobile broadband inter-provider challenges and the Global Meeting Alliance™ membership network, which helps service providers extend the global reach of business video.
Michel Guyot, President of Global Voice Solutions for Tata Communications, says: "This award recognises our commitment to not only delivering services that provide better quality, performance and reach for our service provider customers, but also to our unique partnership approach for mutual growth. Our focus on delivering industry-leading quality has led to 48% year-on-year volume growth for mobile voice traffic and 98% year-on-year volume growth from OTTs. We currently carry 1 billion voice minutes per week and more than 50 billion minutes annually, with 24 large voice strategic sourcing partnerships signed to date. We have also maintained our position as the world's largest signaling provider, the 5th largest and fastest growing Tier 1 IP backbone, and the largest Ethernet provider. We look forward to building on our success in 2013."
Tata Communications' wholesale capabilities are anchored by its network of submarine and terrestrial cables, as well as a Tier-1 IP backbone with connectivity to over 400 PoPs which reach more than 200 countries and territories. It operates the world's only wholly-owned fibre optic subsea cable ring around the world, consisting of over 210,000km of cables. The company is currently the world抯 largest international wholesale voice carrier, with the most advanced intelligent routing platform to provide quality voice services.
Tata Communications has invested heavily in building network infrastructure which focuses on improving capacity to the fastest growing emerging markets. It has made strategic investments in South Africa (Neotel), Sri Lanka (Tata Communications Lanka Limited) and Nepal (United Telecom Limited). It also has strategic partnerships that ensure access to high-quality direct terminations and strong relationships in the voice, data and mobile segments, including 1,600 service provider 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 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.