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Tuesday, May 11, 2004

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VSNL to expand overseas operations

By Our Staff Correspondent

MUMBAI, MAY 10. Videsh Sanchar Nigam Ltd. (VSNL) has announced the expansion of its operations outside India through the recently formed International Business Group. The objective of this group will be to expand VSNL's service capability and customer facing activity in several strategic markets outside India. The group will leverage VSNL's extensive domestic network, its international cable assets, its International MPLS based IP-VPN network, and its fast growing value added service capability.

The International Business Group will be headed by Vinod Kumar, who has held several senior management roles in leading telecom companies, including stints most recently as CEO of WorldCom, Japan and Senior Vice President, Asia Netcom. The International Business Group will use Singapore as its operational hub, and will address all the major markets through offices in the U.S., the U.K. and Hong Kong. It will bring increased focus and speed to VSNL's evolution as an international player in the telecom space, and besides establishing direct relationships with foreign customers who need services to and within India, will also help Indian companies expand their corporate networks outside India.

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