New Jersey, January 19, 2015
Tata Communications, a leading provider of A New World of Communications™, and Seaborn Networks, the developer and operator of the first express submarine cable between the United States and São Paulo, Brazil, announce Tata Communications’ investment for purchase of significant capacity in Seaborn Networks’ cable system between Brazil and US.
Genius Wong, Senior Vice President, Global Network Services, Tata Communications says, “Latin America is a key emerging region and growing market on the world stage and our investment in Seabras-1 is part of our plan to enhance our offerings into that region. With the Seabras-1 cable landing in Tata Communications’ Wall cable landing station in the US, this will also enable seamless extension of our TGN-network”
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.
Larry Schwartz, Chief Executive Officer, Seaborn Networks says, “With bandwidth and connectivity growth demand in Latin America at unprecedented levels, we are delighted to have Tata Communications as a strategic partner on Seabras-1. Tata Communications’ investment for significant capacity purchase in Seabras-1 is a clear indication of high demand in the market for an express submarine cable route between the US and São Paulo and seamless extension to other geographies in the world.”
Seaborn Networks plans for the Seabras-1 system to be ready for service in the fourth quarter of 2016.
About Seaborn Networks
SEABORN NETWORKS PRESS CONTACT
About Tata Communications
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.
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 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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