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| JOINT ANNOUNCEMENT |
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| Videsh Sanchar Nigam Limited NTT Communications |
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| December 2, 2004 |
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| Mumbai, India / Tokyo, JAPAN – Videsh Sanchar Nigam Limited (VSNL) and NTT Communications Corporation (NTT Com) today announced that they agreed to expand NTT Com's MPLS(*)-based Arcstar Global IP-VPN service in India with its second Point of Presence (POP) in Bangalore by the end of January, 2005. Following the launch of the service at Mumbai in May 2004, there was an increased demand of MPLS-based IP-VPN services from the enterprise customers of VSNL and NTT Communications at Bangalore which led to the decision of setting up a POP to serve the huge potential of IT and ITeS customers located in the Software Capital of India and adjoining regions. "Enriching and enhancing the suite of our services benefiting our customers is a constant endeavor at VSNL," said Mr. Sandeep Mathur, President – Tata Indicom Enterprise Business Unit. "The partnership between VSNL and NTT Com positions us ideally to offer excellent routing options to our Enterprise Customers. Together we aim to provide our customers with cost effective and secured connectivity at the highest service levels," he added. "We felt strong demands in Bangalore from our MNC (Mutinational Corporations) customers," said Kimio Tamura, vice-president of NTT Com's Global Services Business Division. "The alliance between VSNL, India's largest international carrier, and NTT Com, recently awarded Best Global Carrier at WCA 2004, are the best matching to provide the world class service in India" he explained. VSNL and NTT Com will jointly leverage their strengths to promote the sales activity of the service in and outside India. The two companies plan to host seminars for enterprise customers in New Delhi and Bangalore on December 6th and 9th, 2004. *MPLS: Technology that sets protocols and other standards for high-speed label switching in large networks; enables construction of IP-VPNs that use labels, not IP addresses, to determine destinations. About VSNL Videsh Sanchar Nigam Limited, first telecom service provider in the world to get the prestigious TL 9000 certification, is India's leading provider of International Telecommunications and Internet Services. As the country's leader in International Long Distance services and with a strong pan-India National Long Distance presence, VSNL is the leader in the Corporate Data Market in the country today with a strong service offering covering IPLCs, ILLs, Frame relay, ATM and MPLS based IP-VPN services. With established relations with over 80 carriers across the globe, VSNL today has a strong infrastructure base that covers multiple gateways, earth stations and submarine cable systems. Tata-managed VSNL is now rapidly growing its retail and corporate presence under the Tata Indicom brand through its products like high speed broadband, dial-up Internet, net telephony and calling cards, and has an internet subscriber base of over 8,00,000 subscribers. The Company also proposes to consolidate its presence in the Internet space by increasing its impetus on the Retail Broadband business. VSNL also offers a host of other valued added services that include Television / Video uplinking, Program transmission services, Frame relay services and Inmarsat services. The company has recently launched Bandwidth-on-Demand for its ILL customers which aims at meeting the short term urgent additional bandwidth requirements to almost double the capacity within a 48 hour timeframe, thereby enabling them to undertake and execute unforeseen new project opportunities within record time. VSNL is in the process of expanding its global presence and is setting up operations in Sri Lanka, Singapore, Europe and the United States of America. Its international connectivity capabilities, both undersea as well as satellite, offer the greatest diversity in India, which is critical for all customer segments, encompassing wholesale, corporate and retail. The company is augmenting its international connectivity by setting up a 3175 km undersea cable between Chennai and Singapore with a designed capacity of 5.12 tera bits. VSNL is listed across all the major stock exchanges in India and also has its ADRs listed on the New York Stock Exchange. (www.vsnl.com) About NTT Communications NTT Communications is a subsidiary of Nippon Telegraph and Telephone (NTT) Corporation (NYSE: NTT) - one of the world's largest telecommunications companies. NTT Com provides high-quality, technologically advanced network management, security and solution services to consumers, corporations and governments on a global basis, with a special focus on the Asia-Pacific region. Its world-class backbone network, combined with the networks of partner companies around the world, offers access to more than 200 countries. NTT Com Group has more than 30 companies in the Asia-Pacific region, Europe and the Americas. The company has garnered several awards for its leading edge technologies, outstanding performance and customer service, including "Best Global Carrier - 2004." For more information, please visit http://www.ntt.com |
