Tata Communications, a leading provider of A New World of Communications™, and PCCW Global, the international operating division of HKT, Hong Kong's premier telecommunications service provider, have signed a high definition video conferencing (HDVC) interconnect agreement to interconnect the two companies’ IPX and MPLS networks via a Network-to-Network Interface (NNI). This will allow both companies to offer global enterprise customers enhanced network data services and the highest quality HD video conferencing capability.

This bilateral HDVC interconnect agreement is the first of its kind in the Asia Pacific region. It builds on the existing relationship between Tata Communications and PCCW Global, which began with the companies working together to deliver Voice over IPX in 2013. The addition of the MPLS NNI interconnection extends this relationship with expanded network capabilities for data and video, thereby allowing both companies to access each other's extensive global fiber-based MPLS networks.

PCCW Global and Tata Communications' respective enterprise customers now have the ability to connect directly in HD video with customers, suppliers and employees around the world through a faster, higher quality data connection. The interconnection will also enable customers of both companies to access a variety of applications (voice, data and video) regardless of their location and have the opportunity to expand their reach globally with increased access to destinations in Asia, Europe, the Middle East, Africa and the Americas.

Rangu Salgame, chief executive officer, Growth Ventures & Service Provider Group, Tata Communications, said, ''There is a clear shift towards an open ecosystem between telecom providers in the Asia Pacific region. Providers are now aligning and interconnecting their networks so traffic can travel between their networks seamlessly and at the highest possible quality. For service providers and end-users, this means better service, better technology and unprecedented reach. This partnership creates new access routes for enterprise customers making video a daily business tool, boosting the pace of business across the region.''

Shares of the company gained Rs 5.55, or 1.47%, to trade at Rs 382.00. The total volume of shares traded was 74,967 at the BSE (11.20 a.m., Tuesday).