New York (NYSE) & Mumbai (BSE), February 05, 2013
New York (NYSE) & Mumbai (BSE) – February 5th, 2013 – Tata Communications today announces that it is extending its global business video ecosystem with a new interconnection agreement with AT&T. The agreement now enables even more face-to-face collaboration around the world, across each respective network. With this latest in a series of interprovider agreements, Tata Communications’ Global Meeting Exchange™ network provides connections to most of today’s major providers of Telepresence services, offering customers unprecedented reach for their business video networks.
“To help the telecoms industry meet the requirements of enterprises as the growth of business video continues, there needs to be collaboration and openness amongst service providers”, says Peter Quinlan, Vice President, Integrated Business Video Services, Tata Communications. “The creation of an open ecosystem in which service providers align and interconnect their respective business video communities will allow enterprise customers to receive not only the best service possible, but it will also give them unprecedented reach to other Telepresence rooms around the world, enabling them to embrace video as a daily business communication tool. The agreement with AT&T is the latest step in our strategy to make business video a truly global collaboration tool for enterprises, regardless of network, service provider or location.”
Tata Communications’ strategy to create the world’s richest, connected and open video ecosystem includes business-to-business video services, cloud-based services and flexible, modular, managed services, as well as one of the world’s widest-reaching Telepresence networks via intercarrier agreements and the largest public Telepresence room footprint. These offerings culminate under the Global Meeting Alliance™, an open business video ecosystem initiative spearheaded by Tata Communications, which provides participating enterprises and service providers with greater global reach, lower total cost of ownership and a world-class user experience.
“AT&T is working closely with a number of service and technology providers in the industry to enable more pervasive and global video collaboration capabilities without borders,”said Alan Benway, Executive Director of AT&T Business Solutions. “The interprovider agreement with Tata Communications is another step in that effort, broadening access for AT&T Telepresence Solution customers as they look to collaborate through even more endpoints globally.”
Video is a key driver of global internet traffic growth. Research firm Informa Telecoms & Media recently estimated that video accounts for 50% of annual internet traffic growth. Two-way business video requires more bandwidth than one-way broadcast video. As such, service providers’ networks are going to be put under greater pressure to manage this increasing level of demand. Tata Communications owns and operates the world’s only fibre optic sub-sea network ring around the globe, enabling the company to firmly support the explosion in network traffic generated by video.
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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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