Cisco: Get a Room!
It sounds like that means actually visiting Cisco's HQ in Santa Clara, Calif., based on this article from Reuters. In India, though, they're making it more of an outside business, setting up in hotels through a partnership that includes Tata Communications Ltd.
This doesn't get around TelePresence's inherent weakness -- the fact that the other guy needs to use the same system. But it's a start, especially in an economy where fewer companies are willing to buy a system for $300,000 (or, again from the Reuters story, $34,000, which I'm guessing is for a one-person setup).
Then again, at a minimum $300 an hour, the service is like the phone they provide on the plane: an expense you'd better have a good explanation for.
— Craig Matsumoto, West Coast Editor, Light Reading