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Concept app allows mobile data to be shared between communities
London
– July 17, 2014
Tata Communications, a leading provider of A New World of Communications™, today announces team ‘Data Share’ as the winner of DataHack14, a simultaneous 24-hour hackathon in ‘Tech City’, London and Redwood City, California. The winning idea from the California-based team was chosen for its ability to capitalise on ‘social sharing’ trends to build community, while also having potential to accelerate mobile data usage in emerging economies through more flexible access models. DataHack14 offered the best and brightest minds the opportunity to come up with solutions to use the world’s largest wholesale voice carrier’s ‘Big Data’ to develop the next big thing in global communications. The creators of the ‘Data Share’ app, Suruchi Gupta, Vishal Shalgar, Jinesh Doshi and Ki Lim not only walk away with $15,000**, but also have the potential for their winning idea to become a commercially viable product through Tata Communications’ Shape the Future Accelerator Lab. Julie Woods-Moss, CMO and CEO of NextGen Business, Tata Communications says, “We were delighted by the level of creativity and innovation coming from both sides of the Atlantic at DataHack14. It was challenging to pick a winner out of the ten finalists, but the potential for being a disruptive app in the telecoms market meant ‘Data Share’ was the choice for us. We look forward to working with the winning team in the following months.” The winning team, Data Share, says, “We wanted to make something that could be used by everyone. The app has been designed to bring a new perspective to mobile data plans, and brings numerous possibilities on how it can be applied for the benefit of both the market and the end user. We are excited to see that it was very well received by all the judges and strongly believe the response will be the same by the end users.” Over the course of the 24 hour hackathon, over 150 developers participated in London and Silicon Valley. Three of the 10 finalists are currently being evaluated for a three month incubation experience in Tata Communications’ Shape the Future Accelerator Lab. The Lab supports the next generation of telecommunications services start-ups, including ‘Smart Voicemail’, the winner of a previous Tata Communications sponsored Hackathon event. Ends…
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About Tata CommunicationsTata Communications Limited, along with its subsidiaries (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 Communications global network includes one of the most advanced and largest submarine cable networks and a Tier-1 IP network with connectivity to more than 200 countries and territories across 400 PoPs, as well as nearly 1 million square feet of data centre 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. http://www.tatacommunications.com Forward-looking and cautionary statementsCertain 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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