Another step forward executing the company's emerging market strategy
New Delhi, India (BUSINESS WIRE) - Tata Communications, a leading provider of the new world of communications, announced today the expansion of its Global VPN service to Egypt through a partnership agreement with TE Data S.A.E., a subsidiary of Telecom Egypt S.A.E. (LSE: TEEG) and Egypt's largest IP-based data communications carrier.
Tata Communications and TE Data have interconnected their respective MPLS (Multi-Protocol Label Switching) infrastructures, setting up multiple, redundant network-to-network interconnection (NNI) points between the two companies connecting Tata Communications' European and Indian network hubs with TE Data's facilities in Egypt in order to serve enterprise customers' growing worldwide connectivity needs.
"Partnerships with leading telecom players in emerging markets are critical to provide the deep global reach that our customers' networks require," said Genius Wong, Senior Vice President, Global IP and VPN services. "Our agreement with TE Data is part of our larger MPLS expansion plan that will include other NNI agreements, as well as the expansion of Tata Communications international on-net, in key strategic regions and emerging markets that are of high value to our customers."
Egypt's GDP (Gross Domestic Product) growth over the last five year has averaged at about six per cent mainly on expanding domestic demand. Egypt acts as a major gateway for trade with the Middle East and North Africa due to the free trade agreement between 20 African countries ? COMESA. Following a 25-per cent year-on-year real increase in 2007, investments continue growing at full speed, surging by about 30 per cent year-on-year thus far in 20081. According to the Confederation of Indian Industry (CII), investments from India alone are expected to cross $1.5 billion by 2009.
The NNI agreement allows Tata Communications to seamlessly extend its current end-to-end service capabilities by incorporating the TE Data's IP MPLS network footprint in Egypt, using more than 800 access points-of-presence. This will enable the company's VPN customers to benefit from superior connectivity to and from Egypt while experiencing the same security, redundancy and quality of service offered on the Tata Communications network.
"We are pleased to partner with Tata Communications to provide our customers with high-quality IP VPN solutions," said Mr Emad Alazhary, TE Data Vice Chairman and Managing Director. "The seamless integration of Tata Communications' high performance MPLS network with TE Data's extensive network coverage in Egypt will provide superior connectivity to India
and to the world."
This agreement is the latest in Tata Communications' plans to continue to develop and expand its global coverage. Tata Communications already offers its MPLS services in almost 40 countries and expects to reach over 50 by the end of 2008. It is also increasing the resiliency and depth of its international network with new dual PoPs in four countries and new PoPs?in 8 cities within its existing country footprint.
Tata Communications also offers extended reach to over 150 countries through its VNO Services division.
"Tata Communications' partnership agreement with TE Data will link customers in Egypt with the rest of the world via our rapidly growing network," said Radwan Moussalli, Managing Director, MENA, Tata Communications. "Africa and the Middle East are markets that are undergoing significant growth, and we plan on continuing to expand the relationship as part of a
growing cooperation between Tata Communications and TE Data."
For more information on Tata Communications' portfolio of VPN products, visit www.tatacommunications.com.
1Merrill Lynch Egypt country report dated February 2008 About Tata Communications Tata Communications Limited along with its global subsidiaries (Tata Communications) is a leading global provider of the new world of communications. The company
leverages its Tata Global Network, vertical intelligence and leadership in emerging markets to deliver value-driven, globally managed solutions to the Fortune 1000 and midsized enterprises, service providers and consumers.
The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers, as well as broadband and content services to Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, connectivity to more than 200 countries across 300 PoPs, and more than 1 million square feet of data center space. Tata Communications serves its customers from its offices in 80 cities in 40 countries worldwide. Tata Communications has a strategic investment in South African operator Neotel, providing the company with a strong anchor to build an African footprint.
The number one global international wholesale voice operator and number one provider of international long distance, enterprise data and Internet services in India, the company was named "Best Wholesale Carrier" at the World Communications Awards in 2006 and was named the "Best Pan-Asian Wholesale Provider" at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards for the second consecutive year.
Now the leading integrated provider to drive and deliver a new world of communications, Tata Communications became the unified global brand for VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit, and CIPRIS on February 13, 2008.
Tata Communications Ltd. is a part of the $29 billion Tata Group; it is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE:TCL).
www.tatacommunications.com
About TE Data
TE Data was established in 2001 by Telecom Egypt to function as its data communications and Internet arm. The company is the fastest growing data communications and Internet services provider and the broadband access market leader in Egypt.
Currently, with operations in Egypt and Jordan and ambitious plans in other parts of the MENA region, TE Data's portfolio includes narrowband and broadband Internet access services, managed dedicated Internet access services, IP VPN connectivity services, global connectivity services in addition to consulting and professional services. TE Data's portfolio of services covers the communications needs of all whether consumers, small and medium enterprises, large corporations, and Internet Service Providers.
See http://www.tedata.net
Forward-looking and cautionary statementsCertain 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' various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
Tata Communications
Celine Gregoire, + 617 969 0066 celine.gregoire@tatacommunications.com
or STC Associates
Kristen Massaro, + 1 212 725 1900 ext. 229kristen@stcassociates.com
or Vaishnavi
Sanjay Chaudhary+91 9212743191 sanjayc@vccpl.com
New Delhi, India (BUSINESS WIRE) - Tata Communications, a leading provider of the new world of communications, announced today the expansion of its Global VPN service to Egypt through a partnership agreement with TE Data S.A.E., a subsidiary of Telecom Egypt S.A.E. (LSE: TEEG) and Egypt's largest IP-based data communications carrier.
Tata Communications and TE Data have interconnected their respective MPLS (Multi-Protocol Label Switching) infrastructures, setting up multiple, redundant network-to-network interconnection (NNI) points between the two companies connecting Tata Communications' European and Indian network hubs with TE Data's facilities in Egypt in order to serve enterprise customers' growing worldwide connectivity needs.
"Partnerships with leading telecom players in emerging markets are critical to provide the deep global reach that our customers' networks require," said Genius Wong, Senior Vice President, Global IP and VPN services. "Our agreement with TE Data is part of our larger MPLS expansion plan that will include other NNI agreements, as well as the expansion of Tata Communications international on-net, in key strategic regions and emerging markets that are of high value to our customers."
Egypt's GDP (Gross Domestic Product) growth over the last five year has averaged at about six per cent mainly on expanding domestic demand. Egypt acts as a major gateway for trade with the Middle East and North Africa due to the free trade agreement between 20 African countries ? COMESA. Following a 25-per cent year-on-year real increase in 2007, investments continue growing at full speed, surging by about 30 per cent year-on-year thus far in 20081. According to the Confederation of Indian Industry (CII), investments from India alone are expected to cross $1.5 billion by 2009.
The NNI agreement allows Tata Communications to seamlessly extend its current end-to-end service capabilities by incorporating the TE Data's IP MPLS network footprint in Egypt, using more than 800 access points-of-presence. This will enable the company's VPN customers to benefit from superior connectivity to and from Egypt while experiencing the same security, redundancy and quality of service offered on the Tata Communications network.
"We are pleased to partner with Tata Communications to provide our customers with high-quality IP VPN solutions," said Mr Emad Alazhary, TE Data Vice Chairman and Managing Director. "The seamless integration of Tata Communications' high performance MPLS network with TE Data's extensive network coverage in Egypt will provide superior connectivity to India
and to the world."
This agreement is the latest in Tata Communications' plans to continue to develop and expand its global coverage. Tata Communications already offers its MPLS services in almost 40 countries and expects to reach over 50 by the end of 2008. It is also increasing the resiliency and depth of its international network with new dual PoPs in four countries and new PoPs?in 8 cities within its existing country footprint.
Tata Communications also offers extended reach to over 150 countries through its VNO Services division.
"Tata Communications' partnership agreement with TE Data will link customers in Egypt with the rest of the world via our rapidly growing network," said Radwan Moussalli, Managing Director, MENA, Tata Communications. "Africa and the Middle East are markets that are undergoing significant growth, and we plan on continuing to expand the relationship as part of a
growing cooperation between Tata Communications and TE Data."
For more information on Tata Communications' portfolio of VPN products, visit www.tatacommunications.com.
1Merrill Lynch Egypt country report dated February 2008 About Tata Communications Tata Communications Limited along with its global subsidiaries (Tata Communications) is a leading global provider of the new world of communications. The company
leverages its Tata Global Network, vertical intelligence and leadership in emerging markets to deliver value-driven, globally managed solutions to the Fortune 1000 and midsized enterprises, service providers and consumers.
The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers, as well as broadband and content services to Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, connectivity to more than 200 countries across 300 PoPs, and more than 1 million square feet of data center space. Tata Communications serves its customers from its offices in 80 cities in 40 countries worldwide. Tata Communications has a strategic investment in South African operator Neotel, providing the company with a strong anchor to build an African footprint.
The number one global international wholesale voice operator and number one provider of international long distance, enterprise data and Internet services in India, the company was named "Best Wholesale Carrier" at the World Communications Awards in 2006 and was named the "Best Pan-Asian Wholesale Provider" at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards for the second consecutive year.
Now the leading integrated provider to drive and deliver a new world of communications, Tata Communications became the unified global brand for VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit, and CIPRIS on February 13, 2008.
Tata Communications Ltd. is a part of the $29 billion Tata Group; it is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange (NYSE:TCL).
www.tatacommunications.com
About TE Data
TE Data was established in 2001 by Telecom Egypt to function as its data communications and Internet arm. The company is the fastest growing data communications and Internet services provider and the broadband access market leader in Egypt.
Currently, with operations in Egypt and Jordan and ambitious plans in other parts of the MENA region, TE Data's portfolio includes narrowband and broadband Internet access services, managed dedicated Internet access services, IP VPN connectivity services, global connectivity services in addition to consulting and professional services. TE Data's portfolio of services covers the communications needs of all whether consumers, small and medium enterprises, large corporations, and Internet Service Providers.
See http://www.tedata.net
Forward-looking and cautionary statementsCertain 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' various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. Tata Communications is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.
Tata Communications
Celine Gregoire, + 617 969 0066 celine.gregoire@tatacommunications.com
or STC Associates
Kristen Massaro, + 1 212 725 1900 ext. 229kristen@stcassociates.com
or Vaishnavi
Sanjay Chaudhary+91 9212743191 sanjayc@vccpl.com
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