Mumbai, India,
October 03, 2019
Tata Communications, a leading global digital infrastructure provider, has appointed Mr Amur S Lakshminarayanan (Lakshmi) as Managing Director and Group Chief Executive Officer – Designate of Tata Communications.
Lakshmi brings with him over 35 years of experience in a broad range of leadership roles across industries and regions around the world. Most recently at TCS, he successfully managed and developed scalable businesses. His roles in the company included President and CEO of TCS Japan, Global Head of Telecom, Media & Information Services, HiTech and Utilities, and Head of TCS UK & Europe.
“I am truly excited to join another Tata company. Tata Communications’ leadership in India, strong international presence with its talent base, technology capabilities and global network reach puts it in a strong position to help customers with their digital transformation. I look forward to working with our customers and partners to harness the next phase of growth.”
Amur S Lakshminarayanan, MD and Group CEO – Designate, Tata Communications
Renuka Ramnath, Chairperson, Tata Communications, comments, “Lakshmi has forged an illustrious career leading some of the biggest businesses for TCS. During this time, he has also developed a deep understanding of the global technology market and enterprises’ growing digital demands. Tata Communications has proven to be a preferred partner for enterprises looking to make the most of the opportunities that the global digital transformation drive brings. Lakshmi’s experience, exposure to industry best practice, leadership style and focus on action will help accelerate Tata Communications to achieve greater heights.”
Amur S Lakshminarayanan adds, “I am truly excited to join another Tata company. Tata Communications’ leadership in India, strong international presence with its talent base, technology capabilities and global network reach puts it in a strong position to help customers with their digital transformations. I look forward to working with our customers and partners to harness the next phase of growth.”
As MD & CEO – Designate, Lakshmi will advise the Interim Management Committee of Tata Communications. Upon receipt of the necessary regulatory approvals, the Board of Tata Communications will subsequently appoint Lakshmi as the MD & CEO of Tata Communications.
About Tata Communications
Tata Communications is a leading global digital infrastructure provider that powers today’s fast- growing digital economy.
The company’s customers represent 300 of the Fortune 500 whose digital transformation journeys are enabled by its portfolio of integrated, globally managed services that deliver local customer experiences. Through its network, cloud, mobility, Internet of Things (IoT), collaboration and security 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, which is the world’s largest wholly owned subsea fibre backbone and a Tier-1 IP network.
Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India, and it serves customers in more than 200 countries and territories worldwide through its technology capabilities and partnerships.
www.tatacommunications.com
Forward-looking and cautionary statements
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.
