Singapore, 11 May 2011-Tata Communications today announced plans to increase workforce and investments in Singapore.
The Indian communications provider said it will augment its staff count by 60 per cent over the next four years. This includes 40 new staff to Tata Communications' global managed services control tower, as well as more staff into its next generation services development centre.
Tata Communications will also invest about S$110 million (US$89.47 million) per year over the next four years. The planned investments reinforce the organisation's continued focus on innovation and support of both its customers and the Singapore market.
The announcements were made during a ceremony where Tata Communications were conferred International Headquarter Status by the Singapore Economic Development Board (EDB). The company made the announcement at a formal ceremony attended by S. Iswaran, Senior Minister of State for Trade & Industry and senior officials from Singapore's Economic Development Board.
Since 2004, Tata Communications' Singapore headquarters has acted as a springboard to other global markets and a co-ordination point for the company's business and operational activities in the region.
The company invested in a US$180 million state-of-the-art Singapore-based data centre, TCX, in 2010. The data centre is expected to attract an increasing number of companies routing and hosting their data in Singapore. The first public Telepresence room in the region was launched in Singapore in conjunction with the Rendezvous Hotel Group in 2010 and earlier this year, Singapore was chosen as the market to launch Tata Communications' international cloud offering - InstaCompute.
"The official accreditation of International Headquarter Status by the Singapore government has come on the back of our long-term commitment and continued investment in the region. We are very proud of the recognition that EDB has given us," said Vinod Kumar, managing director and CEO, Tata Communications, part of the US$67.4 billion Tata Group.
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