Net4India to cut ISD rates by 40%

By : |May 30, 2002 0



BANGALORE: Net4India Ltd. has received the Letter of Intent (LoI) from
Government of India to offer International long distance (ILD) services in
India. The company plans to offer ISD calls cheaper by 40 per cent from the
existing rates.

Net4India, CEO Jasjit Sawhney said, "The total size of ISD market in
India is $ 1.5 billion and is expected to grow by 25 per cent CAGR over the next
5 years. By using Carrier Access Codes (CAC) or a prepaid calling card platform,
our customers will be able to make ISD calls at 40 per cent lower than the
existing rates. At present we are in talks with international telecom carriers
as strategic partners for call origination and termination and will be launching
the ILD services later this year. Apart from the prices it will be the quality
of services that will be the differentiating factor for the players in the
segment. And this will be our core advantage over other players in this
segment."

                                 

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Net4India plans to be a complete IP infrastructure and services company. With
the launch of ILD services Net4India becomes ISP + ITSP + ILD services company.
This gives the company a unique positioning in the market as a complete ‘xOIP'(all
data, voice, video available on IP network) company. Net4India plans to invest
Rs 200 crores over a period of 2 years in the infrastructure and the ILD
services.

Given the corporate focus of this IP Services company, Net4India will be able
to offer complete IP based data and voice solutions to corporates. After the
success of Net4India’sIP Data services, Net4India had launched Phonewala, the
Internet Telephony Services Brand. This service has received phenomenal response
from the customers in the last few weeks and has become the largest Internet
Telephony service in India with over 70,000 customers. Net4India has also
launched a range of voice solutions for corporates and businesses, which help
them reduce their cost of International and National calls.

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