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Mumbai
– January 29, 2015
Tata Communications, a leading provider of A New World of Communications™, has been positioned in the ‘Leaders’ quadrant of the Gartner Magic Quadrant for Network Services, Global for the second year in a row. The Magic Quadrant evaluates companies based on ‘completeness of vision’ and ‘ability to execute’. According to Gartner1, “The number of organizations requiring global networking services continues to grow, due to globalization and the growing adoption of cloud services, which are often hosted in markets that differ from the point of consumption. Organizations’ appetite for more bandwidth shows no signs of diminishing. IT centralization, cloud adoption and the continued growth of applications such as video, machine-to-machine communications and big data are the primary drivers. Reliability and performance control are growing in importance, as business processes become ever-more IT-dependent; in addition, IT architectures (such as thin-client computing) place ever-greater reliance on the network.” Sumeet Walia, Head of Global Enterprise Business, Tata Communications, says, “For the second year running, we have been positioned as a Leader in the Gartner Magic Quadrant for Network Services, Global. We believe this is testament to our ongoing commitment in driving our network capabilities forward, whilst extending coverage in both developed and emerging markets. We have combined an aggressive expansion of our existing network footprint with the introduction of new services to our portfolio, such as our game changing IZO™ network platform for enhanced hybrid cloud enablement. At the heart of everything we do is the primary focus of ensuring sustained customer and partner satisfaction, helping businesses stay one step ahead of their competition.” Tata Communications’ strategy is based on its strong network presence in the emerging and developed markets, its portfolio of IP and cloud services, strategic partnerships and its transformation to a managed services business model. Genius Wong, Senior Vice President, Global Network Services, Tata Communications, adds, “We are constantly taking steps to expand and strengthen our network and evolve our services to meet the changing needs of our customers. We are delighted that our progress in MPLS, Ethernet and SIP trunking along with our emphasis on operational excellence has enabled us to continue to lead the way for another year across both developed and emerging markets.” Tata Communications owns and operates the world’s largest and most advanced subsea fibre cable network. Today, over 24% of the world’s Internet routes travel over Tata Communications’ network, and the company is the only Tier-1 provider that is in the top five by routes in five continents. [1] Source: Gartner, “Magic Quadrant for Network Services, Global” Neil Rickard, Bjarne Munch, 14 January 2015 About the Magic Quadrant |
About Tata CommunicationsTata Communications Limited (CIN no: L64200MH1986PLC039266) 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 and leadership in global international voice. 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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