VSL Tata Comm Ltd Adr

Teleglobe, the leading provider of international telecommunications services to Internet Service Providers and to fixed and mobile network operators, and Mobile Tornado International Ltd., a leading software vendor providing convergent instant communications solutions to service providers, today announced an agreement to develop the ability for Teleglobe to offer Mobile Tornado Push To Talk over Cellular (PoC) as a hosted managed service for Mobile Network Operators. Teleglobe was acquired by Videsh Sanchar Nigam Limited ("VSNL") (NYSE:VSL) on February 13, 2006, and is now a part of its international division, VSNL International. "PoC as a hosted managed service will enable mobile operators to launch PoC services more rapidly, with lower investment, and at lower risk than the alternative of acquiring, integrating, and operating PoC internally," said Allan Chan, Executive Vice President Mobile Services at VSNL International. "A hosted PoC service can be rapidly introduced by mobile operators and enterprise businesses." "Our agreement with Teleglobe should dramatically lower the business thresholds and shorten the timelines for operators and enterprise businesses to generate profitable services using the Mobile Tornado Push to Xperience(TM) platform," said Stuart Kelly, Vice President of Sales at Mobile Tornado. "PoC as a hosted managed service lets the operator focus its scarce resources on building business through service design and marketing, while retaining the option to support PoC in-house if that becomes attractive in the future." Push To Talk over Cellular is expected to show strong growth as a value-added mobile service. According to Visiongain's Push to Talk: Market Analysis and Forecast 2005-2010, PoC-capable handset sales are forecasted to ramp from 20 million in 2005 (5% of total sales) to 130 million in 2009 (nearly 28%). At the same time, Visiongain forecasts a global diffusion of PoC-capable handset sales from a 77% concentration in North America (2004) to only 21% in North America (2009). About Mobile Tornado: Mobile Tornado (established in 1999) is the leading independent software vendor providing convergent instant communication solutions to the service provider and enterprise markets. Delivering cost effective, reliable, high quality with its Push to Xperience(TM) platform, Mobile Tornado enables operators to offer Push To Talk, Push To Email and Push To Video services. Mobile Tornado's patented and standards based technology provides superior performance, security, interoperability and reliability. Mobile Tornado's solutions are currently deployed in four continents over packet-based GPRS, CDMA 1X, WLAN and 3G networks. Mobile Tornado has offices in Ireland, United Kingdom, Israel and USA with global partnerships with Alcatel, Comverse, Nortel, Sony Ericsson and T-Systems. More information about Mobile Tornado is available at www.mobiletornado.com. About Teleglobe and VSNL On February 13, 2006, Videsh Sanchar Nigam Limited, VSNL (NYSE:VSL), completed its acquisition of Teleglobe International Holdings Ltd. and all of its subsidiaries. The Teleglobe name will continue to serve as a service brand for VSNL International wholesale communications services. For further information on the transaction or VSNL International please visit www.vsnlinternational.com. Videsh Sanchar Nigam Limited (VSNL), a part of the Tata Group, is a leading international telecommunications company. VSNL has, with the acquisition of Teleglobe, become one of the world's largest carriers of international voice, complementing its emergence as the largest provider of submarine cable bandwidth. VSNL has a global presence including operations in USA, Canada, UK, South Africa, Singapore, Sri Lanka and India making it the first Indian truly global telecommunications company. Its range of service offerings include wholesale voice, private leased circuits, IP, MPLS, VPN, Internet access, hosting, mobile signaling and several other IP services. The company is now poised to offer managed data services and deliver end-to-end telecommunications solutions to carriers and enterprises globally. VSNL, a pioneer in offering Internet services to individual customers now offers a full slew of retail products in India like high-speed broadband, dial-up Internet, Wi-FI, net telephony and calling cards under the Tata Indicom brand name, and continues to be one of the leading retail Internet players in India. VSNL is listed on the major stock exchanges in India and also has its ADRs listed on the New York Stock Exchange. (www.vsnl.in) 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. Such statements involve known and unknown risks, uncertainties and other factors, which may cause 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, changes in government policies or regulations of India and, in particular, changes relating to the administration of VSNL's industry, and changes in general 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.