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VSNL now Tata Communications

By SiliconIndia  |   Thursday, 14 February 2008, 05:26 Hrs
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New Delhi: VSNL is now Tata Communications. Integrating the former VSNL and Teleglobe brands, Tata Communications (NYSE: TCL) will leverage its Tata Global Network (TGN) to deliver a globally managed communications solutions. Tata Communications plans to invest over $2 billion over the next three years as part of its global expansion plans.

The launch of new brand represents the culmination of recent major international investments that expanded the company?s global reach and ability to deliver IP-leveraged communications solutions to Businesses and Consumers worldwide.

Tata Global Network is one of the most recent submarine cable and IP network to meet the demand for converged IP solutions. The company is in the process of completing additional submarine cables systems connecting emerging markets in Asia, Middle East and Africa to Europe over the next five to eight years.

"Tata Communications reflects the 130-year strong heritage of trust and leadership that the Tata Group brings to its customers," said Subodh Bhargava, Chairman of Tata Communications.

The Tata Communications brand also integrates VSNL International, Tata Indicom Enterprise Business Unit (TIEBU) and Cipris brands worldwide.

"The next trillion dollars to be made in global communications will depend heavily on emerging markets where Tata Communications is already a leading player," said Camille Mendler, Vice President of research at Yankee Group.

During the last year, Tata Communications has announced significant investments in enhancing network and services capabilities in India, intra-Asia, Middle East and Africa.

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