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India
Telecom
October 28, 2002
Tata Telecom reports 28 percent revenue growth in H1
2002-03
NEW
DELHI -- Tata Telecom, an equal joint venture partner
with US-based Avaya, has announced its unaudited financial
results for the six months period ended September 30,
2002. For the half-year ended September 2002, the company
reported a turnover of Rs 129.65 crores as compared
to Rs 101.36 crores in the corresponding previous period,
a growth of 27.91 percent. The profit after tax (PAT)
stands at Rs 4.92 crores as compared to Rs 4.28 crores
in the corresponding previous period, an increase of
14.95 percent.
Tata
Telecom recorded a revenue of Rs 70.05 crores for Q2
of 2002-03, as compared to Rs 59.73 crores in the corresponding
previous period, an increase of 17.28 percent. It posted
a PAT of Rs 3.33 crores as compared to Rs 3.10 crores
in the corresponding previous period, an increase of
7.42 percent. The company is targeting on its planned
business strategy of transforming into an end-to-end
converged communications solutions provider.
Speaking
at the board meeting Niru Mehta, vice chairman, Tata
Telecom and vice president and managing director, Avaya
India, said: "These six months have seen us responding
to customers' emerging needs very aggressively. One
of the key factors promoting this has been our strengthened
end-to-end converged communication solutions portfolio.
I believe that the future lies in convergence and IP,
and our sharply focused customer-centric business strategy
will reap rich dividends in the coming quarters."
During
the course of H1 in FY 2002-03, Tata Telecom aggressively
strengthened its end-to-end converged communication
solutions portfolio. It has further consolidated its
position in every business area that it operates in.
It continued to maintain its leadership position in
the voice communication solutions market and the call
center market, and, has emerged as a formidable force
in the data networking market.
In
HI of FY 2002-03, Tata Telecom further strengthened
its market leadership in call center segment and launched
Avaya Global Connect Solutions, a strategic initiative
aimed at US corporates evaluating business process outsourcing
in order to motivate them to globalize contact centers
and BPO operations by expanding operations to places
such as India. An enhanced contact center solution for
cost-effective, backoffice globalization strategies,
Avaya Global Connect Solutions leverage the entire portfolio
of front office/back office solutions in contact centers,
unified communication, data and voice networking, managed
services, among others. Facilitating contact centers
to move up the value chain, Tata Telecom also launched
state-of-the-art customer experience management (CEM)
solutions -- a technology platform facilitating contact
centers to enhance customer loyalty through effective
relationship management.
Anticipating
emerging customer needs, Tata Telecom also introduced
a comprehensive range of Enterprise Class IP Solutions
(ECLIPS). These new products bring in high degrees of
scalability and reliability of voice communications
to IP networks. The new Avaya solutions make it easier
and more cost-effective for businesses to integrate
voice onto a single packet-based network. Avaya provides
a logical migration to IP telephony by enabling enterprises
to retain existing telephones, common equipment and
infrastructure; unifies network management; delivers
headquarters-class functionality and reliability to
the edge of the network and beyond; and, through open
standards, enables interoperability in a network comprised
of equipment from a variety of vendors. It also launched
converged voice and data solutions for security, mobility
and continuity. The key differentiators here are reliability,
scalability and quality of service (QoS).
Tata
Telecom further consolidated its footprint in the Indian
marketplace. It is on target in its endeavour to enhance
the ratio of 19 percent indirect and 81 percent direct
to 30:70. It has strategic partnerships with system
integrators, both global and local, and is leveraging
Avaya's global relationship with IBM to provide end-to-end
solutions in India. Other local system integrators include
Servion, Cambridge Technology Partners and NIIT. It
also has value-added resellers and channel partners,
who handle Tata Telecom's data and LG's key telephone
systems business, respectively. Today the company has
a countrywide distribution network of 50 business partners.
In addition, Tata Telecom has strategic alliances with
technology leaders such as Polycom, LG and Nice.
Contact:
Tata Telecom
Tel: 91-656 0500 Extn.: 342
Email: aratimukerji@tatatelecom.com
Web: www.tatatelecom.com
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