VSNL Awarded 'ATLANTIC-ACM'

Videsh Sanchar Nigam Ltd (VSNL) has announced that the Company was presented with the "ATLANTIC-ACM Global Wholesale Best-in-Class Data Price" award at the 4th annual Global Wholesale Carrier Excellence Awards on January 14, 2008.

The awards, which were held during the 30th annual Pacific Telecommunications Council (PTC) show in Honolulu, Hawaii, rank all viable carriers on a variety of service and product categories. Winners are derived from hundreds of wholesale customer evaluations of global carriers for the 2008 edition of ATLANTIC-ACM's Global Wholesale Carrier Report Card — the global wholesale industry's principal benchmarking study.

"VSNL is honored to receive this prestigious award," said Vinod Kumar, President of VSNL. "We will continue to offer our customers an advanced portfolio of wholesale data solutions that not only increases efficiency but are also cost-effective."

The awards are based on scores provided by customers in an online survey, open to participation from mid-November through December of 2007. VSNL's award win was based on the following data products: Transport (including Ethernet and Wavelengths), ATM / Frame and IP.

In addition to this award, VSNL was named 'Best Pan-Asian Wholesale Provider' at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards and 'Best Wholesale Provider at the World Telecoms Award in November 2007. ATLANTIC-ACM, a Boston-based research firm, provides strategic counseling and research services to leading business owners, operators and investors around the world