VSNL, a leading communications solutions provider, announced today the launch of its global Managed Hosting and Storage services for enterprises seeking to enhance efficiencies, reduce ownership costs, improve service quality and ensure business continuity in their IT infrastructure environments. These fully managed services offer streamlined, scalable and highly secure management of IT infrastructure, network and storage initially in three globally diverse, world class data centers in New York, Singapore and London. Each center is located directly on VSNL�s high performance, high capacity, and high reliability global communications backbone. VSNL�s Managed Hosting Solution offers enterprises the ability to outsource systems and applications to a VSNL global data center, optimizing resources, reducing costs, and guaranteeing the availability and security of data. It combines Data Center facilities, VSNL�s global network, LAN infrastructure, security and server systems in a fully managed, bundled solution, backed by a 24x7 Managed Services Operations Center with the highest levels of technical expertise. The service supports a complete suite of operating systems environments including Windows, Solaris, and Linux. VSNL�s Managed Storage Solution offers a subscription-based utility model, enabling enterprises to cost effectively and reliably store mission critical data with the benefits of a redundant, state of the art Fiber Channel Storage Area Network (SAN), and protection against technology upgrades. VSNL�s advanced storage service provides capacity on demand, allowing customers to buy storage on an as needed basis to ensure predictable operational costs and accommodate for variable capacity demands. This model significantly reduces costs versus dedicated external storage options and eliminates the upfront investments involved in creating a dedicated private SAN. �Our global customers can use VSNL�s best-of-breed Managed Hosting & Storage solution to safely outtask services and to reduce IT management complexity,� said Vinod Kumar, President, Global Data Solutions, VSNL. �This cost effective, highly resilient managed IT infrastructure service is powered by VSNL�s globally consistent and centralized management platform, technical expertise and industry best practices. The combination of our IT infrastructure solutions with our global network capabilities enables customers with a complete end-to-end solution.� Mr. Kumar added, �VSNL has consciously decided to build a dedicated managed services operation from the ground up, investing in mastering the ITIL service management framework to ensure high quality delivery. This launch is a significant leap forward in executing on VSNL�s mission to become a leading managed services provider, as it provides the platform for us to introduce new forward looking services such as managed applications, business continuity solutions and global virtualization capability.� VSNL�s Managed Hosting and Storage Solution is ideally suited for enterprise customers looking to consolidate, expand, centralize or globalize their IT infrastructure, while reducing the cost of data center facilities, 24x7x365 data center management, highly skilled IT resources, global IT platforms and global networking. The service is also targeted toward content providers and Application Service Providers (ASPs) seeking to quickly reach and support customers in specific regions around the world without significant investments in local assets, high cost IT resources and data center facilities. Camille Mendler, Vice President, Enterprise Research for Yankee Group, stated, �Multinational enterprises operate in a state of constant flux, where managing and securing globally expanding business operations is a primary concern. They need highly available and flexible IT environments to support their growth - that's why they are turning to service providers like VSNL for managed and outsourced services in areas such virtualization, backup and applications management.� Mendler continued, �VSNL's investment in IT governance and best practice skills such as ITIL responds to enterprises' explicit expectations when selecting a competent partner for managed and outsourced services. According to the 2007 Yankee Group Managed IT and Communications Services survey of large North American and European enterprises, commitment to quality rather than pricing ranks as the number one supplier selection criteria for outsourcing services.� VSNL has made significant investments in its Managed Hosting & Storage services to deliver an enhanced customer experience and operational excellence using fully automated usage-based billing and a secure customer-based web portal for analysis and reporting. Backed by industry leading SLAs on availability, restoration and management, VSNL�s operations teams provide proactive management and support, ensuring high service availability through continuous monitoring and immediate alert response, and following industry proven best practices in problem detection, capacity planning and system optimization. Abid Qadiri, Vice President, Managed Services for VSNL commented, �Our solution allows enterprises to remain focused on their core competencies rather than managing complex storage optimization, disaster recovery planning, and the ongoing maintenance and security challenges associated with hosting and storage management. VSNL leverages and passes on the operational advantages of its offshore Indian operations to help customers reduce costs, while improving service quality and mitigating risk through the use of the VSNL global network, data centers, specialized resources and sophisticated management tools.� Further information regarding VSNL�s suite of managed services solutions can be found at www.vsnlinternational.com. About VSNL Videsh Sanchar Nigam Limited (VSNL), a member of the US$ 27 billion Tata Group, is a leading global communications solutions company offering next-generation voice, data and value-added services to enterprises, carriers and retail consumers. 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 1500 Global Carriers, 450 Mobile Operators, 10,000 Enterprises, 500,000 Broadband and Internet subscribers and 300 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. Our philosophy of BusinessnRich drives us to empower�our customers to achieve enhanced value in their global businesses. VSNL (www.vsnl.com) 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. 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 the 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.
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