MERCEDES AMG PETRONAS links up with Tata Communications
April 24 2013 - 5:00AM
Business Wire
Tata Communications is pleased to confirm a new partnership with
MERCEDES AMG PETRONAS which will see the delivery of world-class
trackside connectivity for the team at all Formula One® race
locations using the Tata Communications global network. With the
new partnership, Tata Communications becomes the ‘Official Managed
Connectivity Supplier’ to the team.
Tata Communications provides connectivity
for Formula One racing. (Photo: Business Wire)
Tata Communications, a leading global provider of ‘a new world
of communications,’ will work closely with MERCEDES AMG PETRONAS to
deliver high-speed, high quality and secure trackside connectivity,
enabling the team to transfer vital real-time data from the Silver
Arrow cars at any Grand Prix location to its headquarters in the
UK, three times faster than at present. The improved trackside
connectivity will enable the team to react more quickly to
developments at the track and help to increase car performance.
Ross Brawn, Team Principal at MERCEDES AMG PETRONAS commented:
“We are delighted to have agreed our new team partnership with Tata
Communications. Formula One® relies on data and the ability to
transfer our data from the track back to our factories in Brackley
and Brixworth quickly and securely. The Tata Communications global
network will play a key role in the team’s performance and our
ability to react over the race weekends. That we will now be able
to achieve our data transfer requirements three times faster is
fantastic. Having Tata Communications on-site at the race track to
work with the team will be a big asset in our demanding and
fast-paced environment, and we look forward to developing a close
working relationship with them as we strive to achieve our
ambitions in Formula One®.”
Mehul Kapadia, Managing Director, F1 Business, Tata
Communications said: “The modification and improvement of car
set-up and handling is a constant during the race season, and being
able to share richer data and to report issues back from trackside
to the factory in real-time provides a competitive edge in car
performance, both in speed and also in handling and stability.
Providing three times faster connectivity for MERCEDES AMG PETRONAS
via Tata Communications’ global network means that the team has
access to secure and agile trackside connectivity regardless of
race location – it showcases our expertise and speed to lead when
it comes to global connectivity, and reinforces our ongoing
commitment to technology innovation within Formula One®.”
Part of the worldwide Tata group, Tata Communications owns and
maintains a complete ring of cables around the world including the
world’s first wholly-owned subsea fibre ring to circle the globe.
The Tata Communications global network comprises over 500,000 km of
subsea cable and over 200,000 km of terrestrial network fibre,
allowing a data transfer capacity of one terabit per second, high
bandwidth availability and seamless scalability. In February 2012,
Tata Communications announced a multi-year technology service and
marketing agreement with Formula One Management to deliver
world-class connectivity to all Formula One® race locations over
its world-first wholly-owned subsea fibre ring. It also provides
global hosting and content delivery services to the official
Formula One® website Formula1.com
About Tata Communications
Tata Communications Limited along with its subsidiaries (Tata
Communications) is a leading global provider of a new world of
communications. With a leadership position in emerging markets,
Tata Communications leverages its advanced solutions capabilities
and domain expertise across its global and pan-India network to
deliver managed solutions to multi-national enterprises, service
providers and Indian consumers.
The Tata Communications global network includes one of the most
advanced and largest submarine cable networks and a Tier-1 IP
network with connectivity to more than 200 countries and
territories across 400 PoPs, as well as nearly 1 million square
feet of data centre and collocation space worldwide.
Tata Communications’ depth and breadth of reach in emerging
markets includes leadership in Indian enterprise data services,
leadership in global international voice, and strategic investments
in South Africa (Neotel), Sri Lanka (Tata Communications Lanka
Limited) and Nepal (United Telecom Limited). Tata Communications
Limited is listed on the Bombay Stock Exchange and the National
Stock Exchange of India and its ADRs are listed on the New York
Stock Exchange (NYSE: TCL).
http://www.tatacommunications.com
Forward-looking and cautionary statements
Certain words and statements in this release concerning Tata
Communications and its prospects, and other statements, including
those relating to Tata Communications’ expected financial position,
business strategy, the future development of Tata Communications’
operations, and the general economy in India, are forward-looking
statements. 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 Tata Communications, or industry results, to differ
materially from those expressed or implied by such forward-looking
statements. 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 Tata Communications’ 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 the company’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 Tata Communications’
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 Tata
Communications’ control, include, but are not limited to, those
risk factors discussed in Tata Communications’ various filings with
the United States Securities and Exchange Commission. These filings
are available at www.sec.gov. Tata Communications is under no
obligation to, and expressly disclaims any obligation to, update or
alter its forward-looking statements.
© 2013 Tata Communications Ltd. All rights reserved. TATA
COMMUNICATIONS and TATA are trademarks of Tata Sons Limited in
certain countries.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130424005391/en/
Capital Lodging (NYSE:TCL)
Historical Stock Chart
From Jul 2024 to Aug 2024
Capital Lodging (NYSE:TCL)
Historical Stock Chart
From Aug 2023 to Aug 2024