VSL Tata Comm Ltd Adr

VSNL, a leading international communications solutions provider, announced today that Skype has selected Teleglobe voice termination services to provide call termination for SkypeOut�, a feature in SkypeTM software that allows users to make cheap calls to landlines and mobiles around the world. Skype connects to VSNL�s�international global network via the Teleglobe VoIPLink� service, a redundant, scalable and cost-effective way to exchange VoIP traffic worldwide, that facilitates interoperability, quality and codec support. SkypeOut is terminated using the Teleglobe Voice Termination Service (VTS), assuring high-quality retail voice termination for SkypeOut users. �We are excited to partner with Skype as it seeks to provide users with the highest-quality internet calls,� said Michel Guyot, President, Global Voice Solutions, VSNL. �We have the necessary global footprint, relationships and expertise in the international voice market to support companies like Skype, as well as Broadband providers and ISPs. We have customized our services to meet the needs of these demanding customers.� �We chose to partner with VSNL for international voice termination services because�their services allow us to quickly connect to a true global network without the operational burden and the expenses associated with interoperability requirements,� said Scott Bagby, Skype�s vice president for new markets. �We are able to ensure that Skypeout users can quickly and conveniently reach their friends, family, and business associates around the world at the highest levels of quality and performance.� Teleglobe VoIPLink allows for direct traffic exchange with the VSNL�international global TDM/VoIP network while bridging all interoperability issues, providing significant savings in capital and operating expenses, faster time-to-market and reduction in the time and costs associated with adding capacity. This flexible interface allows consumer VoIP providers, ISPs and Broadband providers to exchange and terminate voice traffic. As one of the world's largest international wholesale carriers with more than 415 combined direct and bilateral relationships with leading international voice telecommunications providers, VSNL provides a full suite of global voice solutions. Over 450 customers including the major portal players are currently utilizing VoIPLink, the Teleglobe premiere voice peering service. VoIPLink provides full interoperability with a diverse list of VoIP equipment and software vendors across multiple protocols. Further information regarding VSNL�s suite of voice solutions can be found at www.vsnlinternational.com. About VSNL Videsh Sanchar Nigam Limited (VSNL), a part of the Tata Group, is the leading provider of public international telecommunications services in India. VSNL has, with the acquisition of Teleglobe, a provider of international voice, data and value-added services comprised mainly of mobile global roaming and signaling services, become a global major in wholesale voice and carriage of international long distance minutes, and has acquired ownership of submarine cable systems and has gained access to teleport antennae and transponder capacity serving the Atlantic, Pacific and Indian oceans. VSNL now carries a large share of VoIP traffic as well. VSNL has a global presence including operations in India, the United States of America, Canada, the United Kingdom, South Africa, Singapore and Sri Lanka. Its range of service offerings include wholesale voice, private leased circuits, IP VPN, Internet access, hosting, mobile signaling and other IP services. VSNL offers a full range of retail products in India to individual customers such as high-speed broadband, dial-up Internet, Wi-Fi, and net telephony under the Tata Indicom brand name. VSNL is listed on the major stock exchanges in India and its American Depository Receipts are listed on the New York Stock Exchange (NYSE:VSL). 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 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.