Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,262.56 89.32 0.55%
S&P 500 1,842.98 12.37 0.68%
NASDAQ 4,034.16 11.47 0.29%
Ticker Volume Price Price Delta
STOXX 50 3,122.97 31.45 1.02%
FTSE 100 6,565.07 23.46 0.36%
DAX 9,250.86 77.15 0.84%
Ticker Volume Price Price Delta
NIKKEI 14,417.68 420.87 3.01%
TOPIX 1,166.55 30.46 2.68%
HANG SENG 22,696.01 24.75 0.11%

MERCEDES AMG PETRONAS links up with Tata Communications



  MERCEDES AMG PETRONAS links up with Tata Communications

Business Wire

NEW YORK & MUMBAI, India -- April 24, 2013

Tata Communications is pleased to confirm a new partnership with MERCEDES AMG
PETRONAS which will see the delivery of world-class trackside connectivity for
the team at all Formula One® race locations using the Tata Communications
global network. With the new partnership, Tata Communications becomes the
‘Official Managed Connectivity Supplier’ to the team.

Tata Communications provides connectivity for Formula One racing. (Photo:
Business Wire)

Tata Communications provides connectivity for Formula One racing. (Photo:
Business Wire)

Tata Communications, a leading global provider of ‘a new world of
communications,’ will work closely with MERCEDES AMG PETRONAS to deliver
high-speed, high quality and secure trackside connectivity, enabling the team
to transfer vital real-time data from the Silver Arrow cars at any Grand Prix
location to its headquarters in the UK, three times faster than at present.
The improved trackside connectivity will enable the team to react more quickly
to developments at the track and help to increase car performance.

Ross Brawn, Team Principal at MERCEDES AMG PETRONAS commented: “We are
delighted to have agreed our new team partnership with Tata Communications.
Formula One® relies on data and the ability to transfer our data from the
track back to our factories in Brackley and Brixworth quickly and securely.
The Tata Communications global network will play a key role in the team’s
performance and our ability to react over the race weekends. That we will now
be able to achieve our data transfer requirements three times faster is
fantastic. Having Tata Communications on-site at the race track to work with
the team will be a big asset in our demanding and fast-paced environment, and
we look forward to developing a close working relationship with them as we
strive to achieve our ambitions in Formula One®.”

Mehul Kapadia, Managing Director, F1 Business, Tata Communications said: “The
modification and improvement of car set-up and handling is a constant during
the race season, and being able to share richer data and to report issues back
from trackside to the factory in real-time provides a competitive edge in car
performance, both in speed and also in handling and stability. Providing three
times faster connectivity for MERCEDES AMG PETRONAS via Tata Communications’
global network means that the team has access to secure and agile trackside
connectivity regardless of race location – it showcases our expertise and
speed to lead when it comes to global connectivity, and reinforces our ongoing
commitment to technology innovation within Formula One®.”

Part of the worldwide Tata group, Tata Communications owns and maintains a
complete ring of cables around the world including the world’s first
wholly-owned subsea fibre ring to circle the globe. The Tata Communications
global network comprises over 500,000 km of subsea cable and over 200,000 km
of terrestrial network fibre, allowing a data transfer capacity of one terabit
per second, high bandwidth availability and seamless scalability. In February
2012, Tata Communications announced a multi-year technology service and
marketing agreement with Formula One Management to deliver world-class
connectivity to all Formula One® race locations over its world-first
wholly-owned subsea fibre ring. It also provides global hosting and content
delivery services to the official Formula One® website Formula1.com

About Tata Communications

Tata Communications Limited along with its subsidiaries (Tata Communications)
is a leading global provider of a new world of communications. With a
leadership position in emerging markets, Tata Communications leverages its
advanced solutions capabilities and domain expertise across its global and
pan-India network to deliver managed solutions to multi-national enterprises,
service providers and Indian consumers.

The Tata Communications global network includes one of the most advanced and
largest submarine cable networks and a Tier-1 IP network with connectivity to
more than 200 countries and territories across 400 PoPs, as well as nearly 1
million square feet of data centre and collocation space worldwide.

Tata Communications’ depth and breadth of reach in emerging markets includes
leadership in Indian enterprise data services, leadership in global
international voice, and strategic investments in South Africa (Neotel), Sri
Lanka (Tata Communications Lanka Limited) and Nepal (United Telecom Limited).
Tata Communications Limited 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).

http://www.tatacommunications.com

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.

© 2013 Tata Communications Ltd. All rights reserved. TATA COMMUNICATIONS and
TATA are trademarks of Tata Sons Limited in certain countries.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130424005391/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50616836&lang=en

Contact:

Tata Communications
Natalie Chak, +44 (0)7833 043 779
natalie.chak@tatacommunications.com
or
Hill & Knowlton Strategies
Kersti Klami, +44 (0)20 7973 5999
kersti.klami@hkstrategies.com
or
MERCEDES AMG PETRONAS
Nicola Armstrong, +44 (0)7793 844 549
narmstrong@mercedes-amg-f1.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement