Tata Communications won the “Best Market Strategy” award at the Annual Capacity magazine Global Wholesale Telecommunications Awards in Amsterdam. The awards, held at Capacity Europe 2008, recognize significant key market players that applied innovation and successful techniques and strategies to their wholesale businesses to have established themselves as leaders in the global wholesale telecoms industry.

“Tata Communications is thrilled to be recognized once again among our peers by the Capacity organization for our efforts in the telecommunications industry,” said Michel Guyot, President, Global Voice Solutions for Tata Communications. “The award for ‘Best Market Strategy’ exemplifies our continued commitment to offering the most innovative wholesale solutions and superior network reach to our customers doing business in rapidly growing markets around the world.”

Capacity, a respected trade magazine for telecommunications carriers and service providers, awarded Tata Communications with this honor based on the company’s demonstrated thought leadership in the development and implementation of its wholesale strategy. Capacity previously named Tata Communications with ‘Best Pan-Asian Wholesale Provider’ award in 2006 and 2007.

The panel of judges, which included Mark Kemp, CEO, Matthew Whalley, Editor of Capacity magazine as well as Dr. Judy Reed Smith, Founder & CEO, ATLANTIC-ACM, created this award specifically to recognize Tata Communications global strategy in the telecommunications market.

“Throughout 2008, Tata Communications’ partnership and acquisition strategy has allowed the company to grow its reach and influence across an international footprint,” said Matthew Whalley. “Tata Communications has invested in the development of its business while implementing an international strategy that has reaffirmed its place as an elite global carrier.”

In 2008, Tata Communications focused on increasing its presence, service offering and network reach in emerging markets around the world. Earlier this year the company announced a joint venture subject to fulfillment of conditions precedent, a 50% ownership in China Enterprise Communications (CEC) providing full country VPN coverage in China and acquired a majority stake in NEOTEL, the second national operator of South Africa.

For more information, please visit their website: http://www.tatacommunications.com

About Tata Communications

Tata Communications, a member of the $62.5 billion Tata Group, is a leading global provider of a new world of communications. The emerging markets communications leader leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national and Indian enterprises, service providers and Indian consumers.

The firm’s range of services include transmission, IP, converged voice, mobility, managed network connectivity, hosting and storage, managed security, managed collaboration and business transformation for global enterprises and service providers, as well as Internet, retail broadband and content services for Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 300 Pops, and more than 1 million square feet of data center and co-location facilities.

This organization’s unique emerging market depth and breadth of reach includes a national fiber backbone network and access to network in over 60 cities and 125 Pops in India, strategic investments in South African converged services operator, Neotel, Sri Lanka and Nepal and, subject to fulfillment of conditions precedent, a 50% ownership in China Enterprise Communications (CEC) providing full country VPN coverage in China.

Servicing customers from its offices in over 80 cities in 40 countries, Tata Communications is the number one global international wholesale voice operator and number one provider of international long distance, enterprise data and Internet services in India, the Company was named “Best Wholesale Carrier” at the World Communications Awards in 2006, “Best Pan-Asian Wholesale Provider” at the 2006 and 2007 Capacity Magazine Global Wholesale Telecommunications Awards and was awarded “Best Progress in Emerging Markets” at the 2008 Mobile Communication Awards.

Tata Communications Limited along with its global subsidiaries, (Tata Communications), 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).