Tata Comms wins $1.5 billion BT contract

Posted on: Mon, 29 Jun 2009 05:05:00 EDT


Symbols: BT
Jun 29, 2009 (Datamonitor via COMTEX) --
BT | Quote | Chart | News | PowerRating -- Indian telecom services firm Tata Communications has won a five-year $1.5 billion outsourcing contract from BT Group to provide voice carriage and termination services for various destinations.

Under the contract, the company will provide International Direct Dial, IDD, and other voice termination services outside BT's own footprint countries. It will also provide BT access to its routing capabilities and on-line management systems. Additionally, BT will become the company's main distribution channel for its IDD traffic into the UK.

The company said the deal will provide both the companies with access to additional capacity and enable them to benefit from their respective extensive global networks and cost structures.

Michel Guyot, president of Global Voice Solutions at Tata Communications, said: "We are proud to become BT's primary supplier of international voice termination services. The agreement will increase both partners' competitiveness and will enhance our respective service offerings. We are also very excited to have BT as our main distribution channel in the UK as we are confident that BT's resources and strong knowledge of the European market will be of great benefit to Tata Communications."

Earlier this year, the company expanded its data center services with the launch of a data center in London to provide co-location, managed hosting, and managed storage services, in addition to related and complementary value-added services for the EMEA market.

http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall
not be liable for errors or delays in the content, or for any actions
taken in reliance thereon

For full details on BT Group plc (BT) BT. BT Group plc (BT) has Short Term PowerRatings at TradingMarkets. Details on BT Group plc (BT) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday February 11 04:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.