New York (NYSE) & Mumbai (BSE), December 06, 2012
New York (NYSE) & Mumbai (BSE) – September 6th 2012 – Tata Communications, a leading provider of The New World of Communications, today announces that it has been chosen by Cargotec, the world’s leading provider of cargo handling solutions for ships, ports, terminals and local distribution, to deliver Wide Area Network (WAN) connectivity to over 150 Cargotec sites globally through Tata Communications’ round-the-world fibre optic cable network – the world’s only wholly-owned subsea cable ring.
Cargotec’s operations in over 50 countries across Europe, Asia, Middle East, Americas and Africa will benefit from increased capacity, speed, resilience and enhanced communications capabilities thanks to a fully managed, end-to-end Multiprotocol Label Switching (MPLS) network. This will enable the company to improve productivity and operational efficiency worldwide by streamlining its supply chain.
Cargotec chose Tata Communications for its comprehensive round-the-world network, which allows Cargotec to go from having multiple suppliers for its global WAN connectivity to just one. Not only does this reduce the chances of network failure, but it also delivers an always-on, cost-effective solution to cater for both Cargotec’s main offices and smaller sites, regardless of their location. Cargotec will now be able to offer a uniform service to its offices across more than 50 emerging and established markets, further enhancing global operational efficiency. It will also allow Cargotec to extend its network wherever the business grows.
Soili Mäkinen, Chief Information Officer, Cargotec, says, “Cargotec improves the efficiency of cargo flows by offering handling systems and related services for the loading and unloading of goods on land, in port and at sea. As a truly global organisation, we need our network supplier to have the infrastructure and the resources we need in all markets and geographies, which is why we chose Tata Communications.”
James Walker, Vice President, Managed Network Services, says, “The extent of a company’s global reach and operational efficiency, especially in emerging markets, is largely dependent on the connectivity available to them in those regions. With investments in infrastructure around the globe bringing us closer than ever to a truly connected world, companies should expect the same level of service and connectivity the world over. We look forward to working with Cargotec over the coming years to unlock further operational efficiencies throughout their network.”
Tata Communications recently completed the world’s first wholly-owned round-the-world fibre optic cable network, bringing increased capacity, resilience and enhanced communications links to both developed and emerging markets. Tata Communications owns and operates the world’s largest subsea cable network, which, in combination with its other investments and commercial arrangements, has the ability to provide services to countries representing 99.7 per cent of the world’s GDP.
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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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