Let's begin with a Wiki quotation :-)
Tata Communications, formerly known Videsh Sanchar Nigam Limited or VSNL, is India's largest telecommunication company in international long distance, enterprise data and internet services. Part of the Tata Group, Tata Communications is based in Mumbai and has operations in over 80 cities spread across 40 countries. Tata Teleservices, one of India's largest and least congested cellular providers, is a subsidiary of Tata Communications. Through its subsidiary Tyco Global Network, it is also one of the world's largest submarine cable bandwidth providers and has the world's largest network of submarine cables. Other subsidiaries of Tata Communications include VSNL International Canada, formerly known as Teleglobe while it is the majority share-holder of Neotel, South Africa's second-largest cellular operator.
In 1986, VSNL was formed as a Government of India-owned company and 1996, Tata Teleservices was established. In 2000, Tata Group acquired controlling stake in VSNL which was later expanded to 46%. In 2007, VSNL was renamed as Tata Communications which also included Tata Teleservices.
Currently, Tata:
- has 100% ownership in 3 cable systems (TGN-Atlantic, TGN-Pacific, TIC); both TGN cables operate at >1 Tbps lit capacity
- is a leading investor in 3 consortium' cable systems (SAT3/SAFE, SMW3, SMW4)
- fully/partially owns 206,356 km fiber cable around the world
- offers a wide range of services e.g. SDH/SONET, IP, GbE, Wavelength
- offers diverse redundancy and protection capabilities; greatest diversity to and within India
Additionally, they also prepare several new cable systems:
- TGN-IA (Intra Asia) - I have mentioned this several times ago
- TGN-EA (EurAsia)
- IMEWE
- SEACOM
- other ?
The last three (TGN-EA, IMEWE, SEACOM) connect among other Marseille and Mumbai. Are they really three different systems ??
Tata's Cables (Operational / In Preparation); Source/Courtesy Tata
Tata's Cables (Operational / In Preparation); Source/Courtesy Tata
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Arbitration panel asks Tata to pay $19 million in damages to Reliance Communication
By natalie • Sep 2nd, 2008 • Category: Arbitration Cases, International Arbitration • Print This Post
1 Sep, 2008, 1932 hrs IST, PTI
NEW DELHI: Tata Communications has been directed by the global arbitration tribunal to pay 19 million dollars plus interest as damages over a cable dispute two years ago.
The International Chamber of Commerce (ICC), the global arbitration tribunal, has directed Tata Communications to pay Reliance Communication subsidiary about 19 million dollars plus interest from May 2006 as damages over a cable dispute.
“In the matter of the ICC arbitration proceedings brought by Reliance Globalcom Ltd, formerly known as Flag Telecom, against Tata Communications Ltd, the Tribunal has on August 27, 2008 handed down a final award dealing with the issue of damages,” Tata Communications said in a regulatory filing today.
“The tribunal has directed Tata Communications to pay Reliance a sum of approximately 19 million dollars plus interest from May 2006 as damages against the 385 million dollars sum claimed by Reliance,” the company said in a BSE filing.
Tata Communications said this was the tribunal’s final award in the ICC arbitration proceedings over a dispute regarding Flag Europe Asia (FEA) cable ongoing since 2004. The dispute between the two companies goes back a few years, when FLAG accused the then state-owned Videsh Sanchar Nigam Ltd (VSNL) — now Tata Communications — of denying it free access to its cable landing station and thereby having a monopolistic hold on bandwidth prices.
FLAG wanted access for enhancing the capacity of FEA cable system from 10 Gbps to 80 Gbps. However, VSNL said it was not under obligation to grant access under the construction and maintenance agreement. The dispute culminated in FLAG referring the matter to the ICC.
Tata Communications lost its appeal against FLAG (now part of Reliance Globalcom) in April this year and the court held that Tata Com would be ordered to pay the cost of proceedings.
The Court in its April 2008 order stated: ”In connection with determining the amount of cost to be awarded in favour of FLAG, the court will consider the underlying substantive interest of the case.
Both parties indicated during arguments that the underlying substantive interest amounts to about 400 million dollars.
http://www.icmadr.com/arbitration-news/arbitration-cases/arbitration-panel-asks-tata-to-pay-19-million-in-damages-to-reliance-communication/
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