Monday, June 8, 2009

Tata Communications signs pact with Qatar's Qtel

Tata Communications, which runs one of the largest telecom cable networks in the world, has entered into an agreement with the Doha-based Qatar Telecom to share infrastructure and expand their joint reach globally.

The Tata firm, which serves clients in businesses like communications services, software and outsourcing, providing them national and global connectivity through fibre optic and undersea cables, is particularely expected to expand its foothold in the Gulf region.

The pact was announced Monday with Qatar Telecom, popularly called Qtel, which is the only licensee to provide fixed and mobile telephone services in the Gulf nation, and has a presence in 17 countries.

"This is a landmark agreement which will position Qtel at the heart of one of the most robust telecommunications networks in the world today," said Qtel's executive director for business solutions Eng. Khalid Al Mansauri.

As per the agreement, both companies will align their telecommunications infrastructure and work together to provide secure connectivity solutions to their clients, the two companies said in a statement.

"Qtel looks to provide clients with world-class communication services and the capacity to expand internationally. Tata Communications continues to build connectivity into emerging markets to better serve its customers," the statement said.

Tata Communications is part of the $62.5 billion diversified Tata Group, which has 27 publicly listed companies with a combined market capitalisation of around $60 billion and a shareholder base of 3.2 million.

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