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Press Release
| Lee Ann Lim Tata Communications +1 703 999 1726 leeann.lim@tatacommunications.com |
Sanjay Chaudhari Tata Communications +91 9212743191 Sanjayc@vccpl.com |
Media Agency STC Associates +1 212 725 1900 x204 kristen@stcassociates.com |
Tata Communications launches public Telepresence rooms
Singapore - (BUSINESSWIRE) - July 29, 2008 - Tata Communications (NYSE: TCL) today announced the opening of their public Telepresence rooms in Mumbai, Bangalore and Chennai. The Tata Communications managed Telepresence service is the first in the world to deliver public and private Cisco TelePresence rooms to companies globally. These public Telepresence facilities were established in collaboration with Indian Hotels Company Limited (the owner of the Taj Hotels), the Confederation of Indian Industry (CII) and Cisco. In the first phase, the rooms have been set up at the the Taj Hotels in Mumbai and Bangalore and CII offices in Bangalore & Chennai. There are plans to open additional rooms in Hyderabad, Gurgaon, Boston and London by September 2008, followed by New York.
Telepresence provides life-like, high definition conferencing facilities with superior audio, video and environmental qualities to provide a viable alternative to traditional face-to-face meetings. This helps enterprises to bring down travel costs for enterprises substantially, important at a time when global oil prices are at all-time highs.
Also, Telepresence contributes towards a company's environmental responsibility, by significantly lowering their overall CO2 emissions with the reduction in travel.
Businesses also benefit through enhanced productivity with the improvement in long distance collaboration and decision making.
Tata Communications' unique offering will not only create a larger network effect of interconnected rooms but also expand the market considerably to small and mid-sized businesses with the public rooms offering. These facilities are available on an hourly pay-per-use basis, and located in central business centers.
"The usefulness of a Telepresence room increases exponentially with each additional room it is connected to," said Peter Quinlan, Director for Telepresence Managed Services at Tata Communications. "The more people in your community of interest, your supply chain, your customer base who are connected to your Telepresence network, the more effective your collaboration across these groups will be".
Telepresence is a part of the Tata Communications' commitment to constantly offer innovative products to its customers as a part of its efforts to offer the new world of communications.
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.