DataAccess Telecom Acquires Full Annex II Status in the United Kingdom.Business Editors/High-Tech Writers LITTLETON, Colo.--(BUSINESS WIRE)--Feb. 23, 2004 DataAccess is the First India-Based Telecommunications Company See telecom company. to Enter European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community Countries DataAccess Telecom Ltd., the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of DataAccess America and Data Access India, today announced that it has acquired full Annex II Status in the United Kingdom. Granted by the Office of Communication (Ofcom), the United Kingdom's telecommunications regulatory body, Annex II Status entitles DataAccess Telecom Ltd. to the rights and obligations to interconnect under the European Council European Council, a consultative branch of the governing body of the European Union (EU). It is composed of the heads of government of the EU nations and their foreign ministers, in conjunction with the president and two additional members from the European Interconnection Directive. Data Access is India's fastest growing telecommunications company. It provides global wholesale data and voice services through the Data Access Global Network, which includes the switching facilities of both DataAccess America and DataAccess Telecom. The company's existing network in the United Kingdom is equipped with two switches in London with a combined capacity to handle 18 million minutes of voice traffic per day. The Annex II license enables DataAccess Telecom to leverage direct interconnect terms with carriers, as well as to set up Points of Presence and Network Centers within European Union countries. This will further augment the company's presence in the United Kingdom and allow it to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the voice traffic from European countries to advanced telecommunications markets across the globe. "Since day one of operation, our goal for the London facility has been to create a global clearinghouse operation. Within just four months of setting up this operation, we have achieved full Annex II Status from Ofcom, delivering on our promise to expand our global operation base by acquiring additional licenses in markets of interest," said Ashutosh Misra, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DataAccess America. "We expect to improve margins by five to seven percent by directly interconnecting with the access providers in the European Union and cater to their growing voice traffic needs. The European Union countries have robust voice traffic to North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Canada, Mexico and India, which maps ideally to our network infrastructure." Thangaraj Durairaj, vice president and country manager for Data Access Telecom Ltd., added, "The Full Annex II Status will strengthen our position as a globally competitive telecom company. Direct interconnect terms with European telecom carriers and network operations within the European Union will enable us to capitalize on lucrative North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. , Mexican and Spanish telecom markets." About DataAccess Telecom Ltd. and DataAccess America Incorporated in 2003 DataAccess Telecom Ltd. is a subsidiary of the fastest growing Indian telecom company - Data Access India Ltd. The company is licensed to offer the entire gamut of voice and data services. Please visit http://www.da-europe.com/for more details. DataAccess America Inc. offers international and national long-distance voice and data communication services. Its North American switching center connects eight aggregation points across the United States with nine network operating centers across the Data Access Global network, providing customers immediate and cost-effective access to a network of more than 280 countries across the world. The company has two distinct networks based on TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. and IP technology that offer high Call Completion Rate (CCR 1. CCR - condition code register. 2. CCR - (Database) concurrency control and recovery. ) and superior voice clarity. DataAccess America is the wholly owned subsidiary of Data Access India Ltd. Please visit www.da-america.com for more details. |
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