Tulip Telecom #1 in Indian MPLS/IP VPN mkt

NEW DELHI, INDIA: Tulip Telecom Limited, an enterprise communications service provider, was adjudged the leader in the Indian MPLS/IP VPN market for 2008 for the second consecutive year by global growth consulting company, Frost & Sullivan. 

According to the report compiled by Frost & Sullivan, Tulip Telecom had a market share of 37.8 percent in the Indian MPLS/IP VPN segment, garnering an increase of over 8.4 percent from its market share of 29.4 percent last year.

The IP VPN/MPLS segment contributes 33.8 percent to the overall data services market and was estimated at Rs 5154 crores in FY 2007-08.

Lt. Col H S Bedi, VSM, CMD, Tulip Telecom, said, "We are honoured to receive the Frost & Sullivan market leadership award for the second time in a row. While reflecting the commitment of the enterprise customer towards Tulip Telecom, this award also encourages us to invest in technology innovation for deployment of Enterprise Data Networks. The recognition provides us impetus in our constant endeavor to excel in our performance and offer our stakeholders consistent value, year after year."

Girish Trivedi, deputy director, ICT Practice, Frost & Sullivan, South Asia & Middle East, said, "The Frost & Sullivan report is one of the key indicators of the growth in the Indian enterprise data services market. The report reflects the increased momentum in the MPLS/IP VPN adoption in the past few years. Despite being a relatively new player in this segment, Tulip Telecom has been successful in creating a niche for itself.