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SIFY Technologies and SAUDI TELECOM Announce Partnership to Serve Global Telecommunication Markets
CHENNAI, India, March 16, 2011/PRNewswire-FirstCall/ -- Sify Technologies Limited (NASDAQ: SIFY), India's leading
provider of converged ICT services today announced their partnership with
SAUDI TELECOM (STC), the largest telecom services provider in the Middle East
and North Africa. This partnership will provide customers and partners wider
network reach, richer portfolio of services and most importantly, the
efficiencies of scale in today's growth markets by leveraging their
respective investments in submarine and terrestrial telecom capacities and
value added ICT services.
Speaking on the occasion, Mr. Raju Vegesna, Chairman and
Managing Director, Sify Technologies said, "We are proud to be associated
with STC, the largest telecom carrier in the Middle East. This partnership
will help us deliver the most robust network footprint throughout the Middle
East, Africa and India. With the development of joint services, this
partnership will enhance SIFY's ability to deliver unparalleled global
capabilities, scalability and performance reliability to customers worldwide
who demand managed services and connectivity into India, the Middle East &
African region."
"Our partnership with the market leader will help establish a
seamless ICT service for our enterprise customers and help our Indian, Asian
and US Carrier partners 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 "
"With the largest international network in the Middle East
and Africa, Saudi Telecom is the only Middle East operator today that has
international connectivity by way of both multiple submarine cable systems
and a terrestrial cable system via the recently launched
Jeddah-Amman-Damascus-Istanbul (JADI) link," said Saad Demyati, Saudi
Telecom's vice president of Wholesale Business Unit, "Our partnership with
SIFY allows us deliver best in class network service reach into India,
alternative network path and efficient Internet routing and most importantly
leverage on SIFY's value added ICT offerings like cloud services, SaaS as
well as managed integration services to STC's customers."
Elaborating on the partnership, Mr. Abhijit Barua, Sr. Vice
President, Sify Technologies, said "This partnership will leverage and
strengthen our joint product portfolio to create new revenue streams. SIFY's
role will be to provide expertise in innovative managed services including
cloud services and SaaS offerings in the Middle East and African markets."
STC General Manager of Marketing, Abdulhameed M. Al Hamad,
stated: "We are pleased to announce the establishment of our latest PoP in
India. This is a major milestone in our Saudi Global Management Network
"SGMN" rollout into major regional economic hubs including the UAE, Bahrain,
Qatar, Kuwait, Jordan, India, UK and Singapore. SGMN is a global
Multi-Protocol Label Switching (MPLS) and available in key hub destinations
around the world. As one of the largest regional Internet Protocol (IP-based)
networks, it provides services for leading global enterprises from a variety
of industry sectors, including financial services, manufacturing, logistics,
as well as oil & gas and pharmaceutical industry. SGMN network is based on
the latest state-of-art technology and is extremely reliable and diverse.
As announced earlier, SIFY's EIG (Europe India Gateway)
submarine cable capacities are ready for activation and SIFY's exclusive
partnership with GBI (Gulf Bridge International) to land their Submarine
Cable System in India, is scheduled to go live in second half of 2011.
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.
About Saudi Telecom
STC Group (Saudi Telecom Company) is the leading
telecommunications company in the MENA region and is ranked number 25
globally. The group has more than 100 million subscribers in ten countries,
namely Malaysia, Indonesia, India, Kuwait, Turkey, South Africa, Lebanon,
Jordan and Bahrain in addition to its presence in the Saudi market, offering
the most innovative services in the industry.
STC operates one of the region's most advanced
telecommunications networks. The network spans all corners of the Kingdom of
Saudi Arabia and extends to all neighbouring countries in addition to having
investments in terabit-size Submarine cable systems that connect 35 countries
across North America, Europe, North Africa, Middle East and South East Asia.
In addition to traditional mobile and fixed services to its
retail customers, STC offers a broad portfolio of services including Voice
over IP, Internet access, IP data services, broadband transport, and many
value added services. STC's Wholesale customers include local and regional
operators and carriers, wireless service providers, ISPs, content providers
and regional enterprises.
For more information visit: http://www.stc.com.sa
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
For Sify Technologies Limited
Mr. Pijush Das
Investor Relations (ext. 2703)
pijush.das@sifycorp.com
Mr. Praveen Krishna
Corporate Communications (extn.2055)
praveen.krishna@sifycorp.com
+91-44-22540770 / 22540777
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
For STC Wholesale
Mr. Adel M. Malaikah
Business Development
+966504402493
AMalaikah@stc.com.sa
Mr. Abdulrahman Bahanshal
Marketing Communications
+966503412519
Abahanshal@stc.com.sa
Source: Sify Technologies Limited
For further information, please contact: For Sify Technologies Limited: Mr. Pijush Das, Investor Relations (ext. 2703), pijush.das@sifycorp.com; Mr. Praveen Krishna, Corporate Communications (extn.2055), praveen.krishna@sifycorp.com, +91-44-22540770 / 22540777; 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; For STC Wholesale: Mr. Adel M. Malaikah, Business Development, +966504402493, AMalaikah@stc.com.sa; Mr. Abdulrahman Bahanshal, Marketing Communications, +966503412519, Abahanshal@stc.com.sa
SIFY Technologies and SAUDI TELECOM Announce Partnership to Serve Global Telecommunication Markets
CHENNAI, India, March 16, 2011/PRNewswire-FirstCall/ -- Sify Technologies Limited (NASDAQ: SIFY), India's leading
provider of converged ICT services today announced their partnership with
SAUDI TELECOM (STC), the largest telecom services provider in the Middle East
and North Africa. This partnership will provide customers and partners wider
network reach, richer portfolio of services and most importantly, the
efficiencies of scale in today's growth markets by leveraging their
respective investments in submarine and terrestrial telecom capacities and
value added ICT services.
Speaking on the occasion, Mr. Raju Vegesna, Chairman and
Managing Director, Sify Technologies said, "We are proud to be associated
with STC, the largest telecom carrier in the Middle East. This partnership
will help us deliver the most robust network footprint throughout the Middle
East, Africa and India. With the development of joint services, this
partnership will enhance SIFY's ability to deliver unparalleled global
capabilities, scalability and performance reliability to customers worldwide
who demand managed services and connectivity into India, the Middle East &
African region."
"Our partnership with the market leader will help establish a
seamless ICT service for our enterprise customers and help our Indian, Asian
and US Carrier partners 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 "
"With the largest international network in the Middle East
and Africa, Saudi Telecom is the only Middle East operator today that has
international connectivity by way of both multiple submarine cable systems
and a terrestrial cable system via the recently launched
Jeddah-Amman-Damascus-Istanbul (JADI) link," said Saad Demyati, Saudi
Telecom's vice president of Wholesale Business Unit, "Our partnership with
SIFY allows us deliver best in class network service reach into India,
alternative network path and efficient Internet routing and most importantly
leverage on SIFY's value added ICT offerings like cloud services, SaaS as
well as managed integration services to STC's customers."
Elaborating on the partnership, Mr. Abhijit Barua, Sr. Vice
President, Sify Technologies, said "This partnership will leverage and
strengthen our joint product portfolio to create new revenue streams. SIFY's
role will be to provide expertise in innovative managed services including
cloud services and SaaS offerings in the Middle East and African markets."
STC General Manager of Marketing, Abdulhameed M. Al Hamad,
stated: "We are pleased to announce the establishment of our latest PoP in
India. This is a major milestone in our Saudi Global Management Network
"SGMN" rollout into major regional economic hubs including the UAE, Bahrain,
Qatar, Kuwait, Jordan, India, UK and Singapore. SGMN is a global
Multi-Protocol Label Switching (MPLS) and available in key hub destinations
around the world. As one of the largest regional Internet Protocol (IP-based)
networks, it provides services for leading global enterprises from a variety
of industry sectors, including financial services, manufacturing, logistics,
as well as oil & gas and pharmaceutical industry. SGMN network is based on
the latest state-of-art technology and is extremely reliable and diverse.
As announced earlier, SIFY's EIG (Europe India Gateway)
submarine cable capacities are ready for activation and SIFY's exclusive
partnership with GBI (Gulf Bridge International) to land their Submarine
Cable System in India, is scheduled to go live in second half of 2011.
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.
About Saudi Telecom
STC Group (Saudi Telecom Company) is the leading
telecommunications company in the MENA region and is ranked number 25
globally. The group has more than 100 million subscribers in ten countries,
namely Malaysia, Indonesia, India, Kuwait, Turkey, South Africa, Lebanon,
Jordan and Bahrain in addition to its presence in the Saudi market, offering
the most innovative services in the industry.
STC operates one of the region's most advanced
telecommunications networks. The network spans all corners of the Kingdom of
Saudi Arabia and extends to all neighbouring countries in addition to having
investments in terabit-size Submarine cable systems that connect 35 countries
across North America, Europe, North Africa, Middle East and South East Asia.
In addition to traditional mobile and fixed services to its
retail customers, STC offers a broad portfolio of services including Voice
over IP, Internet access, IP data services, broadband transport, and many
value added services. STC's Wholesale customers include local and regional
operators and carriers, wireless service providers, ISPs, content providers
and regional enterprises.
For more information visit: http://www.stc.com.sa
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
For Sify Technologies Limited
Mr. Pijush Das
Investor Relations (ext. 2703)
pijush.das@sifycorp.com
Mr. Praveen Krishna
Corporate Communications (extn.2055)
praveen.krishna@sifycorp.com
+91-44-22540770 / 22540777
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
For STC Wholesale
Mr. Adel M. Malaikah
Business Development
+966504402493
AMalaikah@stc.com.sa
Mr. Abdulrahman Bahanshal
Marketing Communications
+966503412519
Abahanshal@stc.com.sa
Source: Sify Technologies Limited
For further information, please contact: For Sify Technologies Limited: Mr. Pijush Das, Investor Relations (ext. 2703), pijush.das@sifycorp.com; Mr. Praveen Krishna, Corporate Communications (extn.2055), praveen.krishna@sifycorp.com, +91-44-22540770 / 22540777; 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; For STC Wholesale: Mr. Adel M. Malaikah, Business Development, +966504402493, AMalaikah@stc.com.sa; Mr. Abdulrahman Bahanshal, Marketing Communications, +966503412519, Abahanshal@stc.com.sa