Tata Communications, a digital ecosystem enabler, today announced that it has secured a Type B telecom license in the Kingdom of Saudi Arabia (KSA). The license entitles Tata Communications to provide Internet Service Provider (ISP) and related telecom services to enterprises in a defined capacity, along with local currency billing for end-customers in KSA. This will enable the company to make the shift from offering services as a foreign carrier in the Middle East to a local licensed service provider.
Through this licence, Tata Communications will now become a carrier-neutral service provider to the OTTs, large enterprises and MNCs in the region. The company will be able to offer network transformation services in KSA and address internet, network security, private cloud and SDWAN requirements across the region.
“A strong digital backbone has become essential for businesses to address the changes in the industry landscape,” said Vaneet Mehta, Associate Vice President and Region Head, Middle East, Central Asia & Africa, Tata Communications. “By securing this telecom license in KSA, we will be able to seamlessly bring carrier-neutral services like internet connectivity, public/private cloud, cyber security, borderless mobility and more such services to the region. This will help simplify the digital experience for our customers and aid them in transforming their businesses in the new normal.”
The evolving business regulations in KSA are increasingly making it an epicentre for businesses globally to invest in the region. The Type B license enables Tata Communications to expand its reach in the Middle East, leveraging its global expertise and capabilities coupled with regional knowledge and experience to cater to the new customer requirements.
COVID-19 has resulted in a paradigm shift in the way businesses and people operate. To succeed in this new normal, enterprises need to adapt their business models in favour of digital first solutions. Tata Communications has been working with global enterprises to provide a secure connected digital experience through industrialised, scalable and secure workplace solutions as well as next generation enterprise commerce tools to deliver a seamless digital, omni-channel experience to enterprises and end customers.
The company owns and operates the world’s only wholly owned subsea network that encircles the globe. This network enables businesses to reach more than 200 countries and territories. Today, around 30% of the world’s Internet routes travel over Tata Communications’ network.
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Tata Communications is a digital ecosystem enabler that powers today’s fast-growing digital economy.
The company enables the digital transformation of enterprises globally, including 300 of the Fortune 500 – unlocking opportunities for businesses by enabling borderless growth, boosting product innovation and customer experience, improving productivity and efficiency, building agility and managing risk.
With its solutions orientated approach and proven managed service capabilities and cutting-edge infrastructure, Tata Communications drives the next level of intelligence powered by cloud, mobility, Internet of Things (IoT), collaboration, security, and network services.
Tata Communications carries around 30% of the world’s internet routes and connects businesses to 60% of the world’s cloud giants and 4 out of 5 mobile subscribers. The company’s capabilities are underpinned by its global network, the world’s largest wholly owned subsea fibre backbone and a Tier-1 IP network with connectivity to more than 200 countries and territories.
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.