New York (NYSE) & Mumbai (NSE & BSE), April 24, 2013
New York (NYSE) & Mumbai (NSE & BSE) – April 24th 2013 – Tata Communications is pleased to confirm a new partnership with MERCEDES AMG PETRONAS which will see the delivery of world-class trackside connectivity for the team at all Formula One® race locations using the Tata Communications global network. With the new partnership, Tata Communications becomes the ‘Official Managed Connectivity Supplier’ to the team.
Tata Communications, a leading global provider of ‘ A New World of Communications’, will work closely with MERCEDES AMG PETRONAS to deliver high-speed, high quality and secure trackside connectivity, enabling the team to transfer vital real-time data from the Silver Arrow cars at any Grand Prix location to its headquarters in the UK, three times faster than at present. The improved trackside connectivity will enable the team to react more quickly to developments at the track and help to increase car performance
Mehul Kapadia, Managing Director, F1 Business, Tata Communications said: “The modification and improvement of car set-up and handling is a constant during the race season, and being able to share richer data and to report issues back from trackside to the factory in real-time provides a competitive edge in car performance, both in speed and also in handling and stability. Providing three times faster connectivity for MERCEDES AMG PETRONAS via Tata Communications’ global network means that the team has access to secure and agile trackside connectivity regardless of race location – it showcases our expertise and speed to lead when it comes to global connectivity, and reinforces our ongoing commitment to technology innovation within Formula One®.”Ross Brawn, Team Principal at MERCEDES AMG PETRONAS commented: “We are delighted to have agreed our new team partnership with Tata Communications. Formula One® relies on data and the ability to transfer our data from the track back to our factories in Brackley and Brixworth quickly and securely. The Tata Communications global network will play a key role in the team’s performance and our ability to react over the race weekends. That we will now be able to achieve our data transfer requirements three times faster is fantastic. Having Tata Communications on-site at the race track to work with the team will be a big asset in our demanding and fast-paced environment, and we look forward to developing a close working relationship with them as we strive to achieve our ambitions in Formula One®.”
Part of the worldwide Tata group, Tata Communications owns and maintains a complete ring of cables around the world including the world’s first wholly-owned subsea fibre ring to circle the globe. The Tata Communications global network comprises over 500,000 km of subsea cable and over 200,000 km of terrestrial network fibre, allowing a data transfer capacity of one terabit per second, high bandwidth availability and seamless scalability. In February 2012, Tata Communications announced a multi-year technology service and marketing agreement with Formula One Management to deliver world-class connectivity to all Formula One® race locations over its world-first wholly-owned subsea fibre ring. It also provides global hosting and content delivery services to the official Formula One® website Formula1.com
Tata Communications was the Official Connectivity Provider of Formula 1® between 2012 and 2019. Tata Communications was also the Official Managed Connectivity Supplier to Mercedes-AMG Petronas Motorsport, and Official Digital Transformation Partner to ROKiT Williams Racing until the end of the 2019 season.
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Tata 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 over 240 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.
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 Limited’s Annual Reports. The Annual Reports of Tata Communications Limited are available at www.tatacommunications.com. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
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