Page All:
Page 1
Sify Becomes the First ICT Player to Have Submarine Cable System
CHENNAI, India, February 28, 2011/PRNewswire-FirstCall/ -- Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Enterprise and
Consumer Internet Services in India with global delivery capabilities today
announced its readiness to activate their capacities in the Europe India
Gateway (EIG) submarine cable system, thus becoming the first ICT player to
do so.
Sify has made a strategic investment in EIG capacities to support their
expanding global operations.
EIG is a US $700 million high-capacity fiber-optic cable and one of the
most advanced submarine cable systems in the world. It will provide
multinational customers additional diversity and capacity to meet their
critical communications needs. When fully activated, the EIG will be the
first, direct, high-bandwidth optical fiber system from the UK to India.
The immediate beneficiaries are Sify's enterprise customers and partners
in India, Europe & Americas, who can now leverage their enhanced capability
to extend network and managed services across Middle East and Africa.
Sify's exclusive partnership with GBI (Gulf Bridge International) to land
their Cable System in India, scheduled to go live in second half of 2011 will
consolidate its position as a major player providing comprehensive ICT
services globally.
Chairman of Sify, Mr. Raju Vegesna commenting on the achievement said "We
will have over 50 Gbps of bandwidth between India, Middle East and Europe and
this will establish our presence and reputation on the Global Telecom map.
Our International Services now have a world class cable system backing to
serve the growing markets in the Middle East & Africa."
"We are working with our Middle East Telecom partners to create seamless
network services to serve Indian, Asian & US Carriers and Business and help
them connect to Middle Eastern countries like Saudi Arabia, Bahrain, Qatar,
UAE, Oman, Yemen, Iraq, Sudan and East African countries like Djibouti,
Somalia, Kenya, Tanzania, Mozambique, South Africa and Madagascar. We are
also working on establishing similar capabilities on India's eastern sea
board," Mr. Vegesna added.
"Sify's activation of its capacity in EIG demonstrates our commitment to
empower our customers and partners to do business in the global growth
markets," Mr. Vegesna concluded.
About Sify Technologies
Sify is among the largest Managed Enterprise and Consumer Internet
Services companies in India, offering end-to-end solutions with a
comprehensive range of products delivered over a common telecom data network
infrastructure reaching more than 600 cities and towns in India.
A significant part of the company's revenue is derived from Corporate
Services, which include corporate connectivity, network and communications
solutions, security, network management services, enterprise applications and
hosting. Sify is a recognized ISO 9001:2008 certified service provider for
network operations, data center operations and customer support, and for
provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated
security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data
Center operations. Sify has licenses to operate NLD (National Long Distance)
and ILD (International Long Distance) services and offers VoIP back haul to
long distance subscriber telephony services. The company is India's first
enterprise managed services provider to launch a Security Operations Center
(SOC) to deliver managed security services. A host of blue chip customers use
Sify's corporate service offerings.
Sify also caters to global markets in the specialized domains of
eLearning Services and Remote Infrastructure Management Services. The
eLearning Services designs, develops and delivers state-of-the-art digital
learning solutions for non-profit, for-profit organizations and governmental
organizations in the fields of Information technology, engineering,
environment, healthcare, education and finance. The Remote Infrastructure
Management Services provides dependable and economical solutions around
managed services, hosting and monitoring.
Consumer services include broadband home access and the ePort cyber cafe
chain across more than 200 cities and towns in India. Sify.com, the popular
consumer portal, has channels on news, entertainment, finance, sports, games
and shopping. Samachar.com is the popular portal aimed at non-resident
Indians around the globe. The site's content is available in 8 Indian
languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi
and Gujarati in addition to English.
For more information about Sify, visit http://www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The forward-looking
statements contained herein are subject to risks and uncertainties that could
cause actual results to differ materially from those reflected in the
forward-looking statements. Sify undertakes no duty to update any
forward-looking statements.
For a discussion of the risks associated with Sify's business, please see
the discussion under the caption "Risk Factors" in the company's Annual
Report on Form 20-F for the year ended March 31, 2010, which has been filed
with the United States Securities and Exchange Commission and is available by
accessing the database maintained by the SEC at http://www.sec.gov, and
Sify's other reports filed with the SEC.
For further information, please contact
Sify Technologies Limited
Mr. Pijush Das
Investor Relations
+91-44-2254-0777 (ext. 2703)
pijush.das@sifycorp.com
Mr. Praveen Krishna
Corporate Communications
+91-44-22540777 (extn.2055)
praveen.krishna@sifycorp.com
Grayling Investor Relations
Ms. Truc Nguyen (ext. 418)
Mr. Christopher Chu (ext. 426)
+1-646-284-9400
truc.nguyen@grayling.com
christopher.chu@grayling.com
Source: Sify Technologies Limited
For further information, please contact Sify Technologies Limited, Mr. Pijush Das, Investor Relations, +91-44-2254-0777 (ext. 2703), pijush.das@sifycorp.com; Mr. Praveen Krishna, Corporate Communications, +91-44-22540777 (extn.2055), praveen.krishna@sifycorp.com; Grayling Investor Relations: Ms. Truc Nguyen (ext. 418), Mr. Christopher Chu (ext. 426), +1-646-284-9400, truc.nguyen@grayling.com, christopher.chu@grayling.com
Sify Becomes the First ICT Player to Have Submarine Cable System
CHENNAI, India, February 28, 2011/PRNewswire-FirstCall/ -- Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Enterprise and
Consumer Internet Services in India with global delivery capabilities today
announced its readiness to activate their capacities in the Europe India
Gateway (EIG) submarine cable system, thus becoming the first ICT player to
do so.
Sify has made a strategic investment in EIG capacities to support their
expanding global operations.
EIG is a US $700 million high-capacity fiber-optic cable and one of the
most advanced submarine cable systems in the world. It will provide
multinational customers additional diversity and capacity to meet their
critical communications needs. When fully activated, the EIG will be the
first, direct, high-bandwidth optical fiber system from the UK to India.
The immediate beneficiaries are Sify's enterprise customers and partners
in India, Europe & Americas, who can now leverage their enhanced capability
to extend network and managed services across Middle East and Africa.
Sify's exclusive partnership with GBI (Gulf Bridge International) to land
their Cable System in India, scheduled to go live in second half of 2011 will
consolidate its position as a major player providing comprehensive ICT
services globally.
Chairman of Sify, Mr. Raju Vegesna commenting on the achievement said "We
will have over 50 Gbps of bandwidth between India, Middle East and Europe and
this will establish our presence and reputation on the Global Telecom map.
Our International Services now have a world class cable system backing to
serve the growing markets in the Middle East & Africa."
"We are working with our Middle East Telecom partners to create seamless
network services to serve Indian, Asian & US Carriers and Business and help
them connect to Middle Eastern countries like Saudi Arabia, Bahrain, Qatar,
UAE, Oman, Yemen, Iraq, Sudan and East African countries like Djibouti,
Somalia, Kenya, Tanzania, Mozambique, South Africa and Madagascar. We are
also working on establishing similar capabilities on India's eastern sea
board," Mr. Vegesna added.
"Sify's activation of its capacity in EIG demonstrates our commitment to
empower our customers and partners to do business in the global growth
markets," Mr. Vegesna concluded.
About Sify Technologies
Sify is among the largest Managed Enterprise and Consumer Internet
Services companies in India, offering end-to-end solutions with a
comprehensive range of products delivered over a common telecom data network
infrastructure reaching more than 600 cities and towns in India.
A significant part of the company's revenue is derived from Corporate
Services, which include corporate connectivity, network and communications
solutions, security, network management services, enterprise applications and
hosting. Sify is a recognized ISO 9001:2008 certified service provider for
network operations, data center operations and customer support, and for
provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated
security solutions, and ISO / IEC 20000 - 1:2005 certified for Internet Data
Center operations. Sify has licenses to operate NLD (National Long Distance)
and ILD (International Long Distance) services and offers VoIP back haul to
long distance subscriber telephony services. The company is India's first
enterprise managed services provider to launch a Security Operations Center
(SOC) to deliver managed security services. A host of blue chip customers use
Sify's corporate service offerings.
Sify also caters to global markets in the specialized domains of
eLearning Services and Remote Infrastructure Management Services. The
eLearning Services designs, develops and delivers state-of-the-art digital
learning solutions for non-profit, for-profit organizations and governmental
organizations in the fields of Information technology, engineering,
environment, healthcare, education and finance. The Remote Infrastructure
Management Services provides dependable and economical solutions around
managed services, hosting and monitoring.
Consumer services include broadband home access and the ePort cyber cafe
chain across more than 200 cities and towns in India. Sify.com, the popular
consumer portal, has channels on news, entertainment, finance, sports, games
and shopping. Samachar.com is the popular portal aimed at non-resident
Indians around the globe. The site's content is available in 8 Indian
languages, which include Hindi, Malayalam, Telugu, Kannada and Tamil, Punjabi
and Gujarati in addition to English.
For more information about Sify, visit http://www.sifycorp.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The forward-looking
statements contained herein are subject to risks and uncertainties that could
cause actual results to differ materially from those reflected in the
forward-looking statements. Sify undertakes no duty to update any
forward-looking statements.
For a discussion of the risks associated with Sify's business, please see
the discussion under the caption "Risk Factors" in the company's Annual
Report on Form 20-F for the year ended March 31, 2010, which has been filed
with the United States Securities and Exchange Commission and is available by
accessing the database maintained by the SEC at http://www.sec.gov, and
Sify's other reports filed with the SEC.
For further information, please contact
Sify Technologies Limited
Mr. Pijush Das
Investor Relations
+91-44-2254-0777 (ext. 2703)
pijush.das@sifycorp.com
Mr. Praveen Krishna
Corporate Communications
+91-44-22540777 (extn.2055)
praveen.krishna@sifycorp.com
Grayling Investor Relations
Ms. Truc Nguyen (ext. 418)
Mr. Christopher Chu (ext. 426)
+1-646-284-9400
truc.nguyen@grayling.com
christopher.chu@grayling.com
Source: Sify Technologies Limited
For further information, please contact Sify Technologies Limited, Mr. Pijush Das, Investor Relations, +91-44-2254-0777 (ext. 2703), pijush.das@sifycorp.com; Mr. Praveen Krishna, Corporate Communications, +91-44-22540777 (extn.2055), praveen.krishna@sifycorp.com; Grayling Investor Relations: Ms. Truc Nguyen (ext. 418), Mr. Christopher Chu (ext. 426), +1-646-284-9400, truc.nguyen@grayling.com, christopher.chu@grayling.com