New York (NYSE), Mumbai (NSE, BSE) – July 16th, 2012 – Tata Communications, a leading provider of The New World of Communications, today announces that its Video Connect Network has been extended into Nigeria through a partnership with Main One Cable Company, Nigeria’s premier provider of broadband internet services. The Video Connect service will allow broadcast and production companies in Nigeria to distribute their live video content worldwide as well as enhance international broadcasters’ reach into this key emerging region.
Following increasing demand for high-quality video capability in and out of Nigeria, Tata Communications’ partnership with Main One connects its global video network to an expansive local fibre network, creating a dedicated video network connecting to key broadcasters as well as production and post-production houses in Africa. Unlike traditional MPLS or contention networks, having a dedicated video network ensures the high quality and consistent video transmission needed for video broadcast, allowing Nigerian media companies to be truly global.
The Video Connect network offers new levels of scalability and bandwidth supported by Tata Communications’ round-the-world, wholly-owned, sub-sea fibre network and Main One’s cable between Europe and West Africa. Video content transfer can be purchased on a permanent or per-hour basis, opening up new opportunities for Nigerian companies through flexible payment options. The Video Connect network can carry both live and file-based content. Seamless worldwide transmission is now possible through 300+ connected media hotspots including key cable and Direct-to-Home (DTH) headends, as well as production and post-production houses around the world.
Genius Wong, Senior Vice President, Global Network Services, Tata Communications, says, “At Tata Communications we have always focused on giving our media customers access to key media hotspots for delivery of broadcast quality video for contribution and distribution across the globe. This extension of Video Connect reach, together with our existing presence in South Africa and our global Video network, will further enhance the value proposition for our customers, allowing the distribution of premium broadcast quality content into and out of Africa.”
Funke Opeke, CEO of Main One, says “We are proud to be part of this ground-breaking partnership, bringing new opportunities not only for Nigeria, but Africa as a whole. Our high quality fibre network, coupled with Tata Communication’s international expertise and global network will open up a new world of opportunities for video coming in and out of the African region, as well as create new business opportunities for studios, broadcasters, production and pre-production companies throughout Nigeria.”
This expansion of the reach of Tata Communications’ Video Connect Network in Africa compliments its South African Video Connect presence, via its subsidiary company, Neotel. Coupled with the recent completion of the world’s first wholly owned sub-sea network cable which rings the globe, the company is unrivalled for global connectivity.
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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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