Dial-up Internet access services from Satyam Infoway
walletwatch.com
Satyam Infoway has tied-up with the $3.5 billion MCI WorldCom group company, UUNET Technologies to provide dial-up Internet access services. Satyam Infoway is the largest Private Internet Service Provider in India, and is providing Internet services in 40 cities in the country with a more than 1.5 lakh subscriber base. The deal will offer Satyam a stream of revenues through website design, hosting, advertisements on the Net, and e-commerce transactions apart from Internet access.
UUNET Technologies owns an Internet network across North America, Europe and parts of the Asia-Pacific region. Its businesses include web hosting, remote access, co-location and other value-added services. UUNET has nine live data centres in the US, UK and continental Europe, and is also planning to set up shop in India. Satyam Infoway is already in partnership with Loral Space & Communications, a US-based Internet service provider, to launch private international gateways to the Net to increase connectivity with North America.
The company has entered into another partnership with Singapore Telecom to set up five Internet gateways in the country. Meanwhile, Satyam Infoway is working on setting up operations in Australia. It has bought software worth Rs 8.76 crore from Sterling Commerce for expanding its operations in Australia. Meanwhile, Satyam Infoway has increased its income from Rs 10.38 crore in the previous year to a shade over Rs 77 crore in the year ended March 31. This includes Rs 65.34 crore earned from sales and services.
With the ongoing expansion, the company's expenditure has grown as well. From around Rs 31 crore in the previous year it has gone up to Rs 105.27 crore. |
