VSL Tata Comm Ltd Adr

VSNL (NYSE: VSL), a leading communications solutions provider, confirmed today that the company restored a majority of its IP connectivity into the MENA region within 24 hours of the Egypt cable breakdown on Thursday. On January 30, 2008, the SEA-ME-WE 4 and other undersea cables were severed off the coast of Alexandria, Egypt. These cables serve as the principal Internet connections between the Middle East and westward on to Europe and North America. They also connect the Indian subcontinent and South East Asia. The impact of the cut cables resulted in degraded Internet service to and from the Middle East. VSNL has an Internet backbone that circles the world allowing both eastward and westward connectivity from all regions, a major differentiator among carriers. This allows VSNL to leverage its ownership in a vast array of diverse undersea and terrestrial cables assets. �VSNL is proud of the team effort that united the company�s network and operations teams across three continents to execute an ambitious recovery plan in 24 hours,� said Radwan Mousalli, Managing Director - MENA, VSNL. �Our cable layout and design allowed us to survive a double cable failure as well as develop enough capacity eastward across the Pacific for the internet to reach North America and Europe.� Although many other carriers in the region lost service completely, VSNL was able to restore majority of their Middle East customers traffic utilizing the SEA-ME-WE 3,SEA-ME-WE 4 eastbound and TIC cable following the cut. Unlike other carriers, VSNL�s global undersea presence and strength of technical expertise allowed the company to continue service through multiple cable systems. Many enterprises chose to buy from cable operators who have capacity on a number of systems because protection is nearly guaranteed and if necessary, restoration is achieved quicker. In the case of India too services were largely restored within 24 hours of the cable cut by diverting traffic through the TIC and SEA-ME-WE 3 cables. For more information on VSNL�s services and cable systems please visit www.vsnlinternational.com. About VSNL Videsh Sanchar Nigam Limited, along with its global subsidiaries (VSNL) is a leading global communications solutions company offering next-generation voice, data and value-added services to enterprises, carriers and retail consumers. A member of the $ 29 billion Tata Group, VSNL was 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 1,500 carriers, 450 mobile operators, 10,000 enterprises, about 500,000 Internet subscribers and about 350 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. Videsh Sanchar Nigam Limited 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 (NYSE: VSL). www.vsnl.com 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 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.