Communications arm of Tata Group to leverage its tier-1 IP network and international presence to offer BitGravity’s technology platform as key strategy in value-added services offering
Tata Communications (NYSE: TCL), a leading provider of the new world of communications, and BitGravity Inc, the pioneer in content delivery networks (CDNs) for interactive broadcasting, announced today a strategic partnership. Tata Communications will co-brand, resell and jointly market BitGravity's technology platform worldwide as part of a value-added services offering on top of Tata Global Network.
As part of the arrangement, Tata Communications, with a global presence in more than 200 countries across 300 PoPs will provide tight integration with BitGravity's platform and their carrier-grade infrastructure, including collocation and IP-network capacity, and local sales presence in each region for the CDN offering. BitGravity will provide technology and manage the content delivery operation. The service will be sold in Europe and Asia and branded as Tata Communications' CDN powered by BitGravity.
"Tata Communications has built one of the largest global tier-1 IP networks in the world and is uniquely positioned to offer its customers value-added services built on its robust infrastructure. Content delivery is driving huge increases in video traffic and this partnership with BitGravity and their innovative technology is a very important corporate initiative for Tata and a core part of our value-added services strategy. Internet-based video viewers want a high-quality, highly reliable experience that rivals television. BitGravity's award-winning platform has redefined video standards and created an unmatched user experience including high-definition, live and interactive video," commented Genius Wong, senior vice president, Global IP and VPN service, Tata Communications. "We selected BitGravity as the best technology partner based on its unmatched scalability, reliability and industry-leading innovation."
"The competitive landscape for CDNs with global reach is wide open. We required a partner with the vision, muscle and reach to accelerate adoption of BitGravity's services worldwide," said Perry Wu, CEO and co-founder of BitGravity. "Tata Communications quickly extends our platform and brand around the world and makes BitGravity the CDN of choice on one of the largest-reaching Tier-1 backbones in the world. The capabilities of both organizations combined is formidable and unmatched in the industry."
Tata Communications has global presence via a single autonomous system number (ASN), state-of-the-art IP network and has committed to invest a billion dollars in that network over the next three years.
BitGravity is an award-winning technology provider in the content delivery space. The company has won numerous awards including DemoGod, LightReading's Service Company of the Year, Digital Hollywood 100, and RedHerring 100. Built on top of BitGravity's patent-pending routing architecture, BitCast, BitGravity's services include BitGravity's High-Definition Service and BG LiveBroadcast, the Internet's first affordable, high-quality, massively scalable live product.
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.