The 12,000-km-long submarine system, rolled out at a cost of $500 million, has the capacity to offer 2.5 terabits.
Under-sea cables offer international bandwidth used by Internet service providers, business process outsourcing units and IT enabled service providers.
Landing costs add to the overall costs of the bandwidth.
The Minister's statement assumes significance in the light of a recent move by Reliance to lodge a complaint against VSNL for charging high rates for accessing its landing station in Mumbai.
VSNL has maintained that the access charges were in line with the market rates.