Satyam Infoway doubles int’l bandwidth

By : |August 6, 2002 0



BOMBAY: Nasdaq-listed Satyam Infoway Ltd., which increased its corporate network customers by 50 percent last month, said on Tuesday it had doubled its international bandwidth capacity. Chennai-based Satyam Infoway (SIFY), one of India’s largest Internet service providers, said it had leased an additional 155 Mbps of bandwidth to the United States from Videsh Sanchar Nigam Ltd, the nation’s largest international telecommunications service provider.


SIFY will now have 300 Mbps of international bandwidth, making it VSNL’s largest private customer of transmission capacity, the companies said in a joint statement. “This contract gives us the capability to offer fiber bandwidth to our customers with reduced latency, improved uptimes and additional quality-of-service guarantees,” SIFY’s chief technology officer Rustom Irani said in the statement. “It will have an impact across all our businesses, both corporate and consumer.”


Last month, Satyam Infoway announced it was acquiring 200 corporate network customers from Indian software services giant Wipro Ltd., adding to the 500 customers it already had in that segment. Network services help companies run software applications at offices in different locations and are part of SIFY’s broader corporate services business, which includes hosting services, voice-based communications and messaging, security and network management.


As of end-March, SIFY’s consumer Internet access business had about 600,000 subscribers accessing the Internet from home and 690 cyber cafes across India. SIFY is 52.5 percent owned by Hyderabad-based Satyam Computers Services Ltd, India’s fourth-largest software services exporter, which is looking to sell that stake. For the past April-June quarter, SIFY posted a loss of $8.7 million on revenue of $8.3 million.


© Reuters

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