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Tata
Communications and BitGravity announce global strategic
partnership to address growing demand for high-quality
video over the internet
March 5, 2008
Communications arm of Tata Group to
leverage its tier-1 IP network and international presence
to offer BitGravitys technology platform as key
strategy in value-added services offering
Tata Communications (NYSE: TCL), a leading
provider of the new world of communications, and BitGravity
Inc, the pioneer in content delivery networks (CDNs)
for interactive broadcasting, announced today a strategic
partnership. Tata Communications will co-brand, resell
and jointly market BitGravity's technology platform
worldwide as part of a value-added services offering
on top of Tata Global Network.
As part of the arrangement, Tata Communications, with
a global presence in more than 200 countries across
300 PoPs will provide tight integration with BitGravity's
platform and their carrier-grade infrastructure, including
collocation and IP-network capacity, and local sales
presence in each region for the CDN offering. BitGravity
will provide technology and manage the content delivery
operation. The service will be sold in Europe and Asia
and branded as Tata Communications' CDN powered by BitGravity.
"Tata Communications has built one of the largest
global tier-1 IP networks in the world and is uniquely
positioned to offer its customers value-added services
built on its robust infrastructure. Content delivery
is driving huge increases in video traffic and this
partnership with BitGravity and their innovative technology
is a very important corporate initiative for Tata and
a core part of our value-added services strategy. Internet-based
video viewers want a high-quality, highly reliable experience
that rivals television. BitGravity's award-winning platform
has redefined video standards and created an unmatched
user experience including high-definition, live and
interactive video," commented Genius Wong, senior
vice president, Global IP and VPN service, Tata Communications. "We
selected BitGravity as the best technology partner based
on its unmatched scalability, reliability and industry-leading
innovation."
"The competitive landscape for CDNs with global
reach is wide open. We required a partner with the vision,
muscle and reach to accelerate adoption of BitGravity's
services worldwide," said Perry Wu, CEO and co-founder
of BitGravity. "Tata Communications quickly extends
our platform and brand around the world and makes BitGravity
the CDN of choice on one of the largest-reaching Tier-1
backbones in the world. The capabilities of both organizations
combined is formidable and unmatched in the industry."
Tata Communications has global presence via a single
autonomous system number (ASN), state-of-the-art IP
network and has committed to invest a billion dollars
in that network over the next three years.
BitGravity is an award-winning technology provider in
the content delivery space. The company has won numerous
awards including DemoGod, LightReading's Service Company
of the Year, Digital Hollywood 100, and RedHerring 100.
Built on top of BitGravity's patent-pending routing
architecture, BitCast, BitGravity's services include
BitGravity's High-Definition Service and BG LiveBroadcast,
the Internet's first affordable, high-quality, massively
scalable live product.
Forward-looking and cautionary statements
Certain words and statements in this release concerning
Tata Communications and its prospects, and other statements,
including those relating to Tata Communications' expected
financial position, business strategy, the future development
of Tata Communications' operations, and the general
economy in India, are forward-looking statements. Such
statements involve known and unknown risks, uncertainties
and other factors, including financial, regulatory and
environmental, as well as those relating to industry
growth and trend projections, which may cause actual
results, performance or achievements of Tata Communications,
or industry results, to differ materially from those
expressed or implied by such forward-looking statements.
The important factors that could cause actual results,
performance or achievements to differ materially from
such forward-looking statements include, among others,
failure to increase the volume of traffic on Tata Communications'
network; failure to develop new products and services
that meet customer demands and generate acceptable margins;
failure to successfully complete commercial testing
of new technology and information systems to support
new products and services, including voice transmission
services; failure to stabilize or reduce the rate of
price compression on certain of the company's communications
services; failure to integrate strategic acquisitions
and changes in government policies or regulations of
India and, in particular, changes relating to the administration
of Tata Communications' industry; and, in general, the
economic, business and credit conditions in India. Additional
factors that could cause actual results, performance
or achievements to differ materially from such forward-looking
statements, many of which are not in Tata Communications'
control, include, but are not limited to, those risk
factors discussed in Tata Communications' various filings
with the United States Securities and Exchange Commission.
These filings are available at www.sec.gov. Tata Communications
is under no obligation to, and expressly disclaims any
obligation to, update or alter its forward-looking statements.
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