Released on: October 22, 2008, 11:47 pm

Press Release Author: Reliance Globalcom

Industry: Telecommunications

Press Release Summary: To become a leading provider of hybrid managed network
service and global voice solutions to offer greater flexibility, performance and
control

Sharper focus on key customer segments aimed at improving revenue generation

Reliance Globalcom data business to compete with AT&T, British Telecom Global
Services, Orange Business Services, and Verizon Business

Restructure to accelerate Reliance Globalcom growth in US $285 Bn (Rs. 1,11,400
crore) Global communication market

Press Release Body: To become a leading provider of hybrid managed network service
and global voice solutions to offer greater flexibility, performance and control

Sharper focus on key customer segments aimed at improving revenue generation

Reliance Globalcom data business to compete with AT&T, British Telecom Global
Services, Orange Business Services, and Verizon Business

Restructure to accelerate Reliance Globalcom growth in US $285 Bn (Rs. 1,11,400
crore) Global communication market

Mumbai- Oct 06, 2008: Reliance Globalcom announces the structure of its services
under four core business segments comprising of Data, Voice, WiMax and NLD. Reliance
Globalcom's businesses will provide seamless, platform independent solutions to its
customers by leveraging its expertise in the areas of managed services, global voice
solutions and WiMax.



"Reliance Globalcom is now poised for strong exponential growth." said Mr. Punit
Garg, President and CEO, Reliance Globalcom. "This consolidation will augment our
capabilities to offer highly customer-focused solutions to end consumers and
businesses (including enterprises, systems integrators, and carriers) around the
globe. This is an important step towards making Reliance Globalcom one of the Top 5
Global communications enterprises", he added.



Reliance Globalcom is in unique position to deliver a unrivalled hybrid network
reach, depth and breadth within a customer-focused managed services wrap with the
alignment of its subsidiaries Reliance Globalcom Limited ( formerly known as FLAG
Telecom), Reliance Globalcom Services Inc (Formerly known as Yipes Enterprises) and
Reliance Vanco Group ( Formerly known as Vanco Group) under the "data" business
vertical. The company offers a flexible combination of services to support the needs
of multinational clients through low latency connectivity into developed and
developing markets, global Ethernet VPLS spanning key metros, and relationships with
over 750 carrier partners providing dense local multiple-technology access in every
country in the world. The Reliance Globalcom data business will compete with AT&T,
British Telecom Global Services, Orange Business Services, and Verizon Business, for
medium to large MNCs around the world, serving them directly or through channel
partners.



The new structure will accelerate Reliance Globalcom growth into the rapidly growing
$285 Billion communications market by providing comprehensive voice, video and data
network services on a integrated and highly scalable platform. It also has a
well-established and robust Global Service Delivery Platform that connects developed
markets to hard- to-reach developing markets in the Middle East, South East Asia,
China and India.



About Reliance Globalcom
Reliance Globalcom, a division of Reliance Communications Limited, spearheads the
Global Telecom operations of India's largest Integrated Telecom Service Provider.
Reliance Globalcom brings together the synergies of Reliance Communications Global
Business encompassing Enterprise Services, Capacity Sales, Managed Services and a
highly successful bouquet of Retail products & services comprising of Global Voice,
Internet Solutions and Value Added Services. The company serves over 1500
enterprises, 200 carriers and 1.7 million retail customers in 163 countries across 5
continents.



Reliance Globalcom owns the worlds largest private undersea cable system spanning
65,000 kms seamlessly integrated with Reliance Communications over 110,000 kms of
domestic optic fiber provides a robust Global Service Delivery Platform connecting
40 key business markets in India, the Middle East, Asia, Europe, and the U.S. With
its recent acquisition of eWave World, a pioneer in the global Wimax space, Reliance
Globalcom has the capability to launch 4G services in over 50 countries. It has also
acquired Vanco Group, enabling the company to provide managed services to over 230
countries across the globe. For further information, please visit
www.relianceglobalcom.com.



Web Site: http://www.relianceglobalcom.com/index.php

Contact Details: KC Du Fay
Senior Manager, Marketing Communications
415 901 2321
kdufay@relianceglobalcom.com