COO to Oversee the Expansion of the Company in the U. S. Marketplace
RESTON, Va., /PRNewswire/ VSNL, a division of the Tata Group, India’s most respected and best-known industrial group, today announced that its U.S. affiliate, VSNL America, Inc. appointed Dave Ryan as Chief Operating Officer. In his new position, Dave Ryan will report to Vinod Kumar, Executive Director, International Business Group at VSNL. Mr. Ryan is building a team based in Reston, Virginia, to expand customer-facing activity to the carrier and enterprise markets in the U.S.
Prior to joining VSNL America, Mr. Ryan was Executive Vice President and Chief Operating Officer for NTT America where he was responsible for NTT Communications’ operations and expansion in North America. Ryan brings over 20 years of sales management experience in the international telecommunications field.«Dave will play an important management and leadership role at VSNL International, and his appointment reflects the mutual dedication being made to growing VSNL in the U.S.,» says Mr. Kumar. «We are pleased that Dave will lead our U.S. expansion effort, providing our carrier partners and enterprise customers with a local interface in the U.S., as we prepare to offer end-to-end solutions to India.»
«The success of VSNL in India offers an attractive platform to develop a worldwide telecommunications provider, and the U.S. market is key to that success» Mr. Ryan said. «VSNL is perfectly situated within the Tata Group to capitalize on its telecommunications prowess and combine it with the software and IT capabilities with its related companies to lead the industry in the 21st century.»
About VSNL
Videsh Sanchar Nigam Limited (VSNL), the first telecom service provider in the world to get the prestigious TL 9000 certification, is India’s leading provider of International Telecommunications and Internet Services. As the country’s leader in International Long Distance services and with a strong pan-India National Long Distance presence, VSNL is the leader in the Corporate Data Market in the country today with a strong service offering covering IPLCs, ILLs, Frame relay, ATM and MPLS based IP-VPN services. With established relations with over 80 carriers across the globe, VSNL today has a strong infrastructure base that covers multiple gateways, earth stations and submarine cable systems.Tata-managed
VSNL is now rapidly growing its retail and corporate presence under the Tata Indicom brand through its products like high speed broadband, dial-up Internet, net telephony and calling cards, and has an internet subscriber base of over 750,000 subscribers. The Company is consolidating its presence in the Internet space by increasing its impetus on the Broadband business.
VSNL also offers a host of other valued added services that include Television / Video uplinking, Program transmission services, Frame relay services and Inmarsat services.
VSNL is in the process of expanding its global presence and has set up operations in Sri Lanka, Singapore, Europe and the United States of America. Its international connectivity capabilities, both undersea as well as satellite, offer the greatest diversity in India, which is critical for all customer segments, encompassing wholesale, corporate and retail. The company is augmenting its international connectivity by setting up a 3,175 km undersea cable, called Tata Indicable, between Chennai and Singapore with a designed capacity of 5.12 Tera bits. The cable is expected to be operational by Q4, 2004. VSNL is listed across all the major stock exchanges in India and also has its ADRs listed on the New York Stock Exchange. ([ >>>
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About the Tata Group
Founded in the 1860s, the Tata Group is India’s most respected and best-known industrial group. With a turnover of around $11.2 billion (equivalent to 2.4 per cent of India’s gross domestic product) the Group has 85 major companies with business operations in seven business sectors -- engineering, materials, energy, chemicals, consumer products, services and communications and information systems. The Tata brand covers a number of nationally and internationally renowned product and service brands like, Tata Indica, Tata Indigo, Tata Safari, Taj (hotels, resorts and palaces), Voltas, Tata Tea, Tetley, Tata Salt, Titan, Tanishq, Westside, and the latest addition, VSNL.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. Such statements involve known and unknown risks, uncertainties and other factors, which may cause 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, changes in government policies or regulations of India and, in particular, changes relating to the administration of VSNL’s industry, and changes in general 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 [ >>>
] These forward-looking statements speak only as of the date of this release. VSNL expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in VSNL’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Source: Videsh Sanchar Nigam Limited (VSNL); Tata Group
