Anil Ambani is Voice&Data Telecom Person of 2007

Anil D Ambani, Chairman, Reliance Communications was the Voice&Data Telecom
Person of the Year 2007. Pradeep Gupta, CMD, CyberMedia, publishers of
Voice&Data announced this award during a ceremony held recently in New Delhi.

Ambani was awarded for his leadership qualities in steering Reliance
Communications into the top telecommunication player in the CDMA technology with
around 28 million users.

Past winners of Voice&Data Telecom Person of the Year award include Ratan
Tata, Mukesh Ambani, Dayanidhi Maran and Sunil Bharti Mittal.

Nripendra Misra, Chairman, Telecom Regulatory Authority of India (TRAI)
presented the 8th Annual V&D100 Awards in New Delhi.

Tejas Networks was declared as the emerging company of the year. The company
has been awarded for its contribution in the optical transmission

space.

Rajiv Mody, Chairman and CEO, Sasken Communication Technologies was the
Technovator of the Year. Sasken is a leading software technology provider for
imaging video and music industry globally. More than 50 million phones carry
Sasken's Intellectual Property. These two awards have been announced for the
first time.

The Telecom Person of the Year, the Emerging Company of the Year and the
Technovator of the Year were announced following an eight-member jury meet of
eminent professionals led by Dr DPS Seth, ex-CMD, BSNL and ex-member, TRAI. The
other members of the jury were SD Saxena, Director-Finance, BSNL; CS Rao,
Chairman, Communications Convergence Committee, ASSOCHAM; Dr Mukund Govind Rajan,
Director, Tata Teleservices; SC Khanna, Secretary General, AUSPI; Sunil Gujral,
EVP and CTO, Quatrro BPO Solutions; Amitabh Singhal, Director General, ISPAI,
and Prasanto K Roy, Chief Editor, CyberMedia.

For the Voice&Data survey, nearly 500 equipment and 150 services companies
were covered. As per the survey, India's telecom services industry grew 22
percent to Rs 1,07,681 crore during 2006-07 on the back of a 46 percent increase
in telecom subscriber base. With a subscriber base of 206 million, one in five
Indians has access to a phone. The telecom equipment sector grew 44 percent in
2006-07 posting revenue of Rs 77,170 crore.