SINGAPORE, Sept. 26, 2012 /PRNewswire/ -- Tata
Communications has been awarded the 2012 Frost & Sullivan Asia
Pacific Managed Enterprise Video Service Provider of the Year. The
award was presented at the 2012 Frost & Sullivan Asia Pacific
Best Practices Awards held on the 25th of September at the
Shangri-La Hotel, Singapore.
This award is presented each year to the company who exhibits
excellence in Growth Strategy and Implementation, Degree of
Innovation with New Products and Technologies, Leadership in
Customer Value and Market Penetration.
The Unified Communications-as-a-Service market is a very dynamic
and vibrant market in the overall hosted and managed business
applications industry. The 2012 market for hosted and managed UC
applications is expected to be worth US$1.9
billion, growing at an expected rate of 15.8% over the
previous year. The market is in varying levels of maturity,
depending on the applications and the geography. Tata
Communications was one of the pioneers of managed business video
services in the region, as well as globally.
"When it comes to enterprise video and Telepresence services,
Tata Communications' service portfolio is one of the most
comprehensive in its ability to offer complete turn-key solutions
that take the load off managing expensive hardware, their product
refresh cycles and maintenance costs," said Nitin Bhat, Partner & Head of Consulting,
Frost & Sullivan.
Tata Communications' video services business growth in the past
year was 22.1%, one of the best in the industry. Over the last two
years, it has grown to be a premier provider of end-to-end managed,
wholly-owned, video services due to its experience in the market,
its extensive list of partners, and its impressive submarine cable
network around the world. Tata Communications' service solves a
long-standing problem of visual collaboration between businesses
across the globe, which has been a roadblock to increased
utilisation and effectiveness of video solutions owned by
corporations.
"We are extremely pleased to receive the prestigious 2012 Frost
& Sullivan Asia Pacific Managed Enterprise Video Service
Provider of The Year award - it is a strong testament to our
business video expertise. Four years ago we launched our
Telepresence services, the first-ever offering to deliver both
private and public Telepresence rooms to businesses around the
world. Today, with 45 public Telepresence rooms across five
continents, we have the largest global footprint of public
Telepresence rooms," said Peter
Quinlan, Vice President, Integrated Business Video Services,
Tata Communications.
"Tata Communications is driving an open, global, ecosystem that
moves business video from an intra-company experience to a
collaboration tool with worldwide reach. Video is one of the
biggest trends in the market and has become the most popular and
effective medium of communication for enterprises. Tata
Communications is firmly focused on integrated Business Video
Services as a means to create more accessible, cost-effective,
efficient and innovative business in the market," Quinlan
concluded.
Its comprehensive solution portfolio includes the ability to
offer inter-carrier video, managed and cloud offerings and global
public video rooms on a pay-per-use basis. This coupled with its
industry- leading partnerships, service providers and vendors such
as British Telecom, Orange Business Services, Verizon Business,
Telefonica, PLDT Philippines and others has led to its high growth,
and made its services the benchmark in the industry.
"Tata Communications' ability to offer one of the broadest
exchange services connecting leading global carriers, a
class-leading submarine cable network, a large network of public
rooms, and strong partnerships in Asia
Pacific with regional carriers and vendors, make its
solutions some of the most practical and future-proof in the market
today. Moreover, the ability to offer a single point of
accountability is crucial for the customer and the growth of the
market. Tata Communications executes this far better than others in
the region," Nitin added.
The Frost & Sullivan Best Practices Awards recognise
companies in a variety of regional and global markets for
demonstrating outstanding achievement and superior performance in
areas such as leadership, technological innovation, customer
service, and strategic product development. Industry analysts
compare market participants and measure performance through
in-depth interviews, analysis, and extensive secondary research in
order to identify best practices in the industry.
For more details on the 2012 Frost & Sullivan Asia Pacific
Best Practices Awards log-on to http://www.apacbp-awards.com/
About Tata Communications
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 Global Network includes one of the most advanced and
largest submarine cable networks, a Tier-1 IP network, with
connectivity to more than 200 countries across 400 PoPs, and nearly
1 million square feet of data center and collocation space
worldwide.
Tata Communications' depth and breadth of reach in emerging
markets includes leadership in Indian enterprise data services,
leadership in global international voice, and strategic investments
in South Africa (Neotel),
Sri Lanka (Tata Communications
Lanka Limited) and Nepal (United
Telecom Limited).
Tata Communications Limited 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
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 stabilise 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.
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Media Contacts:
Jessie Loh
Corporate Communications, Asia
Pacific
P: +65-6890-0942
E: jessie.loh@frost.com
Carrie Low
Corporate Communications, Asia
Pacific
D: +603-6204-5910
E: carrie.low@frost.com