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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (1160)3/14/2000 10:48:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
Sify's gateway cities-Bombay, Pune, Ahmedabad, Hyderabad and Cochin.

Tuesday March 14, 10:08 am Eastern Time

Satyam , SingTel in Internet gateway deal

MADRAS, India, March 14 (Reuters) - Indian Internet firm Satyam Infoway Ltd said on Tuesday it is partnering Singapore Telecommunications Ltd (SingTel) to launch its own private Internet gateway.

``The private international gateway will be located at five strategic cities in the country (India) and will make a marked difference to the speed of Internet access,' the firm said in a statement in the southern city of Madras.

Satyam Infoway signed a deal with India's Department of Telecommunications (DoT) in February for setting up the five Internet gateways in the cities of Bombay, Pune, Ahmedabad, Hyderabad and Cochin.

India's state-run Videsh Sanchar Nigam Ltd enjoyed a monopoly as overseas telecommunications access provider until recently when the Indian government decided to allow private operators to set up their own gateways.

Satyam Infoway, a subsidiary of Indian software services firm Satyam Computer Services Ltd , is the country's largest private Internet provider with 129,000 subscribers spread over 35 cities. It also operates a portal, SatyamOnline.com.

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