Tata Communications completes world's first wholly owned cable network ring around the world
Global fibre optic network seamlessly linking markets across Asia, Middle East, the U.S. and Europe to meet rising demand for 24/7commerce
Mumbai (BSE) & New York (NYSE) – 22 March 2012 - Tata Communications, a leading provider of The New World of Communications, today announces the completion of the world's first round-the-world fibre optic cable network with the official launch of its Tata Global Network – Eurasia (TGN-EA) cable. The cable connects Europe to India, through Egypt, bringing increased capacity, resilience and enhanced communications links to not only the Middle East, but to the rest of the world.
The completion of the final link across Egypt enables Tata Communications to offer its customers unique access to a wholly-owned express route cable from Europe to India with improved latency, redundancy and scalability. In conjunction with the company's recently launched TGN-Gulf these routes will cater to the increasing demand for voice, video and data services in and out of the Gulf region.
Vinod Kumar, Managing Director and CEO, Tata Communications, says, "Our customers, whether a European auto-manufacturer, an Asian hotel group or a large U.S. financial services firm, need to compete in global markets and are demanding faster and more reliable worldwide connectivity. Companies and carriers in developed and emerging economies require the confidence and security delivered by a wholly-owned network such as Tata Communications' TGN."
The round-the-world ring also offers city-to-city connections in contrast to more traditional networks which only link cable landing stations. This approach is more cost-effective, flexible and provides a faster time to market delivery, as well as being easier to maintain and manage.
The completion of the final TGN-EA link follows significant investment from Tata Communications in its global network in recent years. The TGN-EA cable system now interconnects Europe, India, the Gulf and Middle East seamlessly with the rest of the world while consistently providing higher quality bandwidth on a global scale. Tata Communications owns and operates the world's largest subsea cable network which reaches countries representing 99.7 per cent of the world's GDP.
"This a landmark moment for Tata Communications as we officially launch the world's first wholly-owned global submarine cable network as a complete and robust ring around the world." concludes Kumar.
The 9,280 km TGN-EA system which links Europe and India, running across the Mediterranean and the Middle East, uses fibre-optic technology based on microscopic glass fibres as thin as a strand of human hair, and offers customers the lowest levels of latency with RTD around 92 msec with speeds from 2Mbit/s to 10Gbit/s available.
Today's announcement together with Tata Communications' recent global technology association launch with Formula 1™ and its public commitment to drive cross-network video collaboration through the Global Meeting Alliance™ all complement and further strengthen Tata Communications' vision to deliver a New World of Communications to advance the reach and leadership of its customers 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.