Date:15/04/2007 URL: http://www.thehindu.com/2007/04/15/stories/2007041502091300.htm

Business

AT&T starts business in India

Staff Reporter

NEW DELHI: AT&T Global Network Services India, a joint venture between AT&T Inc. and Mahindra Telecommunications Investment Private Ltd., has announced the launch of its commercial business in India.

"India is a high-priority market for just about every global MNC, and the increasingly competitive telecom landscape will be a major factor in helping to attract further MNC investment and expansion into India. AT&T is strongly positioned in India to directly meet their telecommunication needs,'' AT&T Asia Pacific Vice-President V. S. Gopi Gopinath said in a statement. AT&T will be investing $750 million in 2007 to support its global customers.

Investment plans

This would help AT&T provide its global customers with consistent services worldwide and help drive their business growth, he added. In his message, Communications and IT Minister Dayanidhi Maran said AT&T's offerings would definitely increase the competitiveness of IT enterprises and IT users who need world class, state-of-the art global connectivity. "For its part, the Central Government, through its policies, will ensure that India continues to be an investor friendly destination for global telecommunications companies," the Minister added.