Tulip IT gets licence for ILD telephone service

Mumbai: Tulip IT Services Ltd has received the licence to operate international long distance (ILD) telephone service from the department of telecom (DoT).

This licence will allow the company to offer its customers international voice, video and data connectivity.

Tulip will be able to offer an array of network carriage services for international connectivity to customers from an integrated platform and provide International leased circuits to subscribers. This will further strengthen company''s position as an end-to-end solution provider.

"It is a momentous occasion for Tulip and the company has come a long way since its inception. This licence opens a host of business opportunities for the company and Tulip is appropriately positioned to leverage these opportunities," H.S Bedi, managing director, of the company, said.

"We have a strong footprint in the domestic market with our reach in over 800 cities. The award of this license will further enforce our commitment to being an end-to-end connectivity solutions provider that provides customers with a single point of contact for all connectivity and integration requirements," he added.

With the addition of international connectivity to its portfolio, the company has become a unique service provider that provides customers with a one-stop-shop for all connectivity needs, including network integration, domestic connectivity, managed network services, data centers and international connectivity.

The company foresees the ILD licence as a large business opportunity that will enable it to provide high-end services in the burgeoning VPN (virtual private network) bandwidth market.

As per industry estimates, the international connectivity market is expected to double from over Rs1,800 crore in 2006 to over Rs3,600 crore by 2012.