New York (NYSE) & Mumbai (NSE & BSE) – May 23rd, 2013 – Tata Communications, a leading provider of A New World of Communications, today announces that it has signed a five-year strategic voice sourcing agreement with Vonage Holdings Corp. This partnership is a first of its kind between Tata Communications and a major Over-The-Top provider.
Through this agreement, Tata Communications will provide Vonage with access to its global network and on-going investments in systems, tools and processes to improve voice call quality. These resources aid in operational efficiency and the delivery of leading international call quality for customers.
Michel Guyot, President, Global Voice Solutions, Tata Communications says, “Vonage is a recognised leader in delivering an innovative, feature-rich, voice experience to meet the needs of its customers. We are very proud of this opportunity to expand our partnership with Vonage by offering them the breadth and scope of our global network.”
“Vonage strives to deliver the highest possible quality of voice service to our customers, regardless of where they are or what device they use,” says Ed Mulligan, Vice President of Carrier Operations for Vonage. “Tata Communications’ people, commitment to quality and world-class customer service provided us with the confidence to enter into this agreement. They understand the needs of next generation and OTT providers, and we look forward to our collective success.”
Tata Communications’ voice 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. The company is currently the world’s largest international wholesale voice carrier, carrying more than 1 billion voice minutes per week with 30+ large voice strategic sourcing partnerships signed to date.
About Tata Communications
Tata 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, a Tier-1 IP network, with connectivity to more than 200 countries and territories 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.