Tata Communications positioned as a Leader in the Gartner Magic Quadrant for Network Services, Global for the third consecutive year
Mumbai (BSE), January 28, 2016
Mumbai (BSE) – January 28, 2016
Tata Communications, a leading provider of A New World of Communications™, has been positioned by Gartner as a ‘Leader’ in its 2016 Magic Quadrant for Network Services[1]. Designed by Gartner to examine how effectively providers meet the current needs of business in terms of both ‘completeness of vision’ and ‘ability to execute’, 2016 marks the third year in a row that Tata Communications has been positioned in the Leader quadrant. Sumeet Walia, Head of Global Enterprise Business, Tata Communications, says, “We believe Tata Communications’ continued placement as a Leader in the Network Services Magic Quadrant is testament to our strategy of building a strong portfolio of enhanced services and applications on our global network. Each new service is designed to enable new capabilities for our clients, more reliably and more cost effectively. Our IZO portfolio of enhanced cloud enablement services is a prime example of that – using a unique set of technologies to help businesses stay one step ahead of their competition through digital transformation.” In the past year, Tata Communications has continued to invest in a broad range of service expansions reflecting the company’s on-going strategy to introduce new advanced managed services built on its strong network presence in the emerging and developed markets, including its portfolio of IP, cloud enablement and unified communications services, and a range of strategic partnerships. Genius Wong, President, Global Network, Cloud and Data Center Services, Tata Communications, adds, “During the past three years we’ve invested to strengthen and expand our network and to evolve unique services to meet the changing needs of our customers. We’re delighted to see that our traditional strengths in MPLS and Ethernet and new services such as IZO Internet WAN and SIP trunking, along with our emphasis on operational excellence, have enabled us to continue to lead the way for another year across both developed and emerging markets.” Tata Communications owns and operates the world’s largest and most advanced subsea fibre cable network. Today, over 24% of the world’s Internet routes travel over Tata Communications’ network, and the company is the only Tier-1 provider that is in the top five by routes in five continents. [1] Source: Gartner, Inc “Magic Quadrant for Network Services, Global” by Neil Rickard, Bjarne Munch, January 14th 2016
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About Tata CommunicationsTata 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. https://www.tatacommunications.com 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 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. www.tatacommunications.com | @tata_comm © 2017 Tata Communications Ltd. All rights reserved. TATA COMMUNICATIONS and TATA are trademarks of Tata Sons Limited in certain countries. |