Tata Communications Invests USD $430 million in Asia Pacific
Global connectivity and reliability to be driven by new internet data center and the TGN- intra Asia Cable
Tata Communications announced its USD $430 million strategic investment plan in the Asia Pacific (APAC) region. The investments include developing the Tata Communications Exchange, a new world-class Internet Data Center (IDC), and the completion of the main segment of its TGN-Intra Asia Cable System.
These investments are a key part of the company’s commitment to enhance its robust global infrastructure as part of its USD $2 Billion expansion plan over three years. The Tata Communications Exchange and the TGN-Intra Asia Cable System are integral parts of the Tata Global Network (TGN) that includes one of the most advanced and largest submarine cable networks, a Tier-1 IP platform and more than 1 million square feet of data center and co-location facilities worldwide.
Tata Communications Exchange
To meet increasing outsourcing demands from global multinational corporations into emerging markets, Tata Communications is expanding its capacity with the construction of a flagship data center, the Tata Communications Exchange in Singapore. It will be ready for operation in early 2010. The new data center will provide increased capacity for both domestic and international companies, allowing them to realize cost and resource efficiencies in addition to achieving greater service availability and performance. The Singapore IDC is a key gateway location into the APAC region. Its integration into Tata Communications’ high capacity Tier-1 network enables the company to meet current and future IT infrastructure service demands of its customers.
“The Asian market continues to be promising, even in the current economic environment. Businesses need to capitalize on the opportunities this region provides, and investments in Asia are critical for the growth of global business,” said Vinod Kumar, President and Chief Operating Officer for Tata Communications. “Our large-scale investment in the Tata Communications Exchange, coupled with our submarine cable build-out, ensures scalability and global reach while delivering our commitment to meet customer requirements. We will continue to be an active leader in offering superior services into emerging regions where we see high growth potential and opportunities for customers.”
The Tata Communications Exchange is being developed in partnership with Mapletree Industrial Fund (a pan-Asian industrial fund managed by Mapletree Industrial Fund Management Pte Ltd (MIFM)). MIFM is a wholly-owned subsidiary of Mapletree Investments Pte Ltd, a leading Asian real estate and capital management company based in Singapore.
Building on Tata Communications’ extensive global submarine cable and Tier-1 Internet Protocol (IP) network, the new data center will deliver co-location, managed hosting, managed storage and value-added services. Tata Communications will provide its global customers the added flexibility to remain competitive through centrally-managed solutions with high quality of service.
TGN-Intra Asia Cable
Paving the way for continuous support of economic growth and development within the APAC market, Tata Communications also announced the completion of the main segment of its USD $250 million TGN-Intra Asia cable system. The multi-terabit system spans 6,700 km that connects Singapore, Hong Kong, Japan, Vietnam, and the Philippines. It increases data and voice reliability by providing new route diversity for traffic generated throughout and into APAC.
As part of its focus on expanding communications services to and from emerging markets, Tata Communications is partnering with Globe Telecom and EVN Telecom to expand the TGN-Intra Asia Cable System into the Philippines and Vietnam respectively.
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.
Tata Communications’ 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, This organization 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).
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