VSL Tata Comm Ltd Adr

VSNL, a leading communications solutions provider, and Ascade, the global market-leader of Interconnect Solutions, announced today a partnership to provide Calling Line Identification (CLI) delivery assurances to Mobile Network Operators (MNOs) worldwide. By utilizing Ascade�s CLI Verification service, VSNL�s offering branded as Teleglobe VTS Prime Service presently assures Tier 1 quality and CLI delivery to over 135 networks reaching 44 countries around the world. The coverage is persistently growing as Ascade is continuously expanding the span of the service. Ascade�s CLI Verification service rigorously tests, monitors and gathers reports on the CLI delivery effectiveness of VSNL�s voice traffic and network. VSNL, in turn, uses this information to make real-time changes to correct any degraded CLI delivery performance, providing MNOs with high quality termination with highly effective CLI delivery. VSNL�s CLI assurances help MNOs boost revenues and reduce customer turnover. �CLI delivery assurances are increasingly in demand by MNOs around the world to boost not only their own international call revenues but also the level of customer satisfaction of their international roamers,� said Michel Guyot President, Global Voice Solutions, VSNL. �Customers utilizing Teleglobe VTS Prime and Mobile Direct services will benefit from this partnership because our enhanced products address the specialized needs of MNOs. Ascade�s CLI verification capabilities complement VSNL�s sophisticated voice network architecture, enabling us to offer our valued customers the best quality service and products in the growing mobile marketplace.� VSNL holds a market leading position in the voice arena, allowing mobile customers to leverage the scale and breadth of the Company�s global network and extensive relationships to support traffic exchange through multiple protocol networks. As one of the world's largest international wholesale carriers, VSNL has more than 415 combined direct and bilateral relationships with leading international voice telecommunications providers and commercial relationships with over 450 mobile operators worldwide. "Guaranteed quality assurance and reliability are crucial elements in how customers perceive the overall quality of their carrier�s service,� commented Henrik Anderberg, CEO of Ascade. �Ascade is pleased to provide VSNL with this innovative service that will help them assure CLI delivery to mobile networks around the world, leading to increased global mobile call completion.� Teleglobe VTS Prime service ensures reliable, cost effective Tier 1 quality call completion to one of the world�s largest international networks, enabling mobile operators and retail service providers to enhance call quality performance and customer satisfaction. Mobile Direct, VSNL's mobile-to-mobile solution, allows mobile operators to exchange traffic directly on a global basis. It guarantees delivery of key signaling information required for seamless international calling � especially important for roaming traffic. It offers a �one-stop shop� solution for direct transit to any MNO in the world. Further information regarding VSNL�s suite of voice and mobile services can be found at www.vsnlinternational.com. ABOUT ASCADE AB Ascade is the global market-leader of Interconnect Solutions for carriers and telecom operators. Our software, Carrier Cockpit� Suite, enables carriers worldwide to increase profitability and revenue growth. It optimizes and automates all aspects of a carrier�s wholesale and bilateral business including integrated interconnect billing, while providing management with real-time business planning and steering capabilities. Carrier Cockpit� Suite, developed together with leading international wholesale carriers and incumbents, is the most advanced, mature and widely used Interconnect Solution for managing the wholesale carrier business worldwide. Customers include Reach, Telenor Global Services, SingTel, Telekom Malaysia, Etisalat, Allstream, Elisa, Gateway, TEO, Rosstelecom, PT Telekom, Korea Telecom, Hrvatski Telekom, Telekom Serbia, Lattelecom, Bell Canada, Sunrise, Telekom Austria, MobileOne and more. Ascade AB is a privately held company owned by founders and leading Nordic investment firms CapMan, listed on the Helsinki Stock Exchange, and SEB Venture Capital, the venture capital division of Nordic financial services group SEB, listed on the Stockholm Stock Exchange. Through its presence in Sweden, US, Dubai, and Singapore, Ascade provides support to its customers worldwide. For more information please visit: www.ascade.com. About VSNL Videsh Sanchar Nigam Limited (VSNL), a member of the US$ 27 billion Tata Group, is a leading global communications solutions company offering next-generation voice, data and value-added services to enterprises, carriers and retail consumers. Voted the Best Wholesale Service Provider at the World Communications Awards, 2006, VSNL is one of the world�s largest providers of wholesale international voice services and operates one of the largest global submarine cable networks. VSNL�s customer base includes 1500 Global Carriers, 450 Mobile Operators, 10,000 Enterprises, 500,000 Broadband and Internet subscribers and 300 Wi-Fi public hotspots. Rated amongst the Top 100 Emerging Global Challengers by the Boston Consulting Group, VSNL has offices in over 35 countries including the United States of America, Canada, the United Kingdom, South Africa, Singapore, Hong Kong, Sri Lanka and India. VSNL�s global transmission network of over 200,000 route kilometers and its IP core with 200 points of presence, enable a range of services that include voice, private leased circuits, IP VPN, Internet access, global Ethernet, hosting, mobile signaling and other IP services. Our philosophy of BusinessnRich drives us to empower�our customers to achieve enhanced value in their global businesses. VSNL (www.vsnl.com) is listed on the Bombay Stock Exchange and the National Stock Exchange of India, and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange. Forward-looking and cautionary statements Certain words and statements in this release concerning VSNL and its prospects, and other statements relating to VSNL�s expected financial position, business strategy, the future development of VSNL�s operations and the general economy in India, are forward-looking statements. These forward looking statements include, among others, statements concerning VSNL�s communications and information services, business, its advantages and VSNL�s strategy for continuing to pursue its business, the anticipated development and launch of new services in its business, the anticipated dates on which VSNL will begin providing certain services or reach specific milestones in the development and implementation of its business strategy, the growth and recovery of the communications and information services, industry, expectations as to its future revenue, margins, expenses and capital requirements and other statements of expectations, beliefs, future plans and strategies, anticipated developments and other matters that are not historical facts. 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 the actual results, performance or achievements of VSNL, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding VSNL�s present and future business strategies and the environment in which VSNL will operate in the future. 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 VSNL�s 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 VSNL�s communications services, failure to integrate strategic acquisitions such as the Tyco Global Network and Teleglobe International Holdings Limited and changes in government policies or regulations of India and, in particular, changes relating to the administration of VSNL�s 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 VSNL�s control, include, but are not limited to, those risk factors discussed in VSNL�s various filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov.