Exhibit 99.1
HQ/CS/CL.24B/14913
21 August 2012
Sir,
Sub: Press Release –Tata Communications files the Annual Report on Form 20-F
Please find attached herewith the press release on the captioned subject being issued today.
Thanking you,
| Yours faithfully, |
| For Tata Communications Limited |
| /s/ Rishabh Aditya |
| Rishabh Aditya |
| Dy. Company Secretary & VP |
To:
| 1) | Security Code 23624, The Stock Exchange, Mumbai. Fax No.(22) 22722037,39,41 |
| 2) | Security Code 5251, The Asst. Manager (Listing), National Stock Exchange of India Limited. Fax Nos.: (22) 26598237/38. |
| 3) | National Securities Depository Ltd. Fax Nos. : 2497 29 93. |
| 4) | The Bank of New York. Fax No.2204 49 42. |
| 5) | Sharepro Services. Fax No. 2837 5646 |
| 6) | Marc H. Iyeki,Director, New York Stock Exchange, Fax No: (212) 656-5071 /72 / Managing Director, New York Stock Exchange, Fax No: (212) 265-2016 |
| 7) | Central Depository Services (India) Limited. Fax : 2267 3199. |
Tata Communications Limited
Plot C 21 & C 36 ‘G’ Block Bandra Kurla Complex, Mumbai 400 098 India
Regd. Office : VSB, Mahatma Gandhi Road, Fort, Mumbai – 400 001 India
Tel 91 22 6657 8765 Fax 91 22 6725 1962 website www.tatacommunications.com
| For immediate release | PRESS RELEASE |
| Media Contacts: | ||
Divya Anand Tata Communications +91 89760 68777 divya.anand@tatacommunications.com | Madhavi Kochar Rediffusion/Edelman +91 9880133311 madhavi.kochar@edelman.com |
Tata Communications files the Annual Report on Form 20-F
Mumbai, August 21st, 2012 – The annual report on Form 20-F of Tata Communications Limited (the “Company”), which includes the audited financial statements of the Company prepared under U.S. GAAP as of and for the fiscal year ended March 31, 2012 (the “2012 20-F”), was filed with the U.S. Securities and Exchange Commission on August 15, 2012.
All holders of American Depositary Receipts of the Company are hereby informed that, upon request, the Company will provide a hard copy of the 2012 20-F free of charge, which includes the audited financial statements of the Company as of and for the fiscal year ended March 31, 2012.
The 2012 20-F is available on the Company’s website at the following link:http://tatacommunications.com/investors/performance.asp
Ends…
About Tata Communications
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 Global Network includes one of the most advanced and largest submarine cable networks, a Tier-1 IP network, with connectivity to more than 200 countries across 400 PoPs, and nearly 1 million square feet of data center 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 operators 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)
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
www.tatacommunications.com
©2011 Tata Communications Ltd. All Rights Reserved.
| For immediate release | PRESS RELEASE |
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, updates or alters its forward-looking statements
www.tatacommunications.com
©2011 Tata Communications Ltd. All Rights Reserved.