After reporting a double digit decline in revenues in 1Q 10, woes in the Wholesale Voice segment were further compounded by continued pricing pressure and stiff competition in 2Q 10 (revenues fell 34.8% y-o-y) reflecting the presence of multiple operators. On 28 December 2009, Tata Communications entered into a collaboration with China Telecom to build an optical fiber network (to provide high speed connectivity between the countries) in order to expand its geographic coverage....

The Wholesale Voice segment reported a double digit decline in 1Q 10, attributable to continued pricing pressure in the International Long distance (ILD) and National Long Distance (NLD) front, further compounded by a reduction in interconnection charges from April 2009. Continued shrinkage in the addressable market due to the entry of multiple operators and falling prices is expected to result in de-growth over the next two years. Nonetheless, to offset the slowdown in the Wholesale…

After reporting two quarters of steady growth, the Wholesale Voice segment reported a y-o-y decline in revenues, primarily due to pricing pressure during the quarter, reflecting increasing competition in the segment. Thus, in light of this, coupled with a reduction in tariffs we expect moderate growth in the Wholesale Voice segment revenues, going forward. Nonetheless, to offset the slowdown in the Voice segment, TCL is focusing on increasing its data revenues....