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NEW DELHI: Telecom major Shyam Group and IT services company Spanco Telesystems have formed a joint venture to buy Spectranet, the Internet Serv
ice Provider division of Punj Lloyd, for an undisclosed amount.
The new promoter of Spectranet (Citycom, a JV company of promoter of Shyam Group and Spanco Telesystems) also announced an investment of Rs 500 crore in the next two years to expand services in 10 more cities.
Spectranet currently offers services in three cities, Delhi, Mumbai and Bangalore and intends to add another 10 cities including Chennai, Kolkata, Pune, Hyderabad, Chandigarh, Ahmedabad and Jaipur in the first phase of expansion.
Commenting on the development, Udit Mehrotra, director of the newly formed JV, said, вЂњWe see next generation wireline, broadband and wireless networks playing a key role in the changing socio-economic structure of India. The acquisition is our endeavor to propel and lead this transformation in the country.вЂќ
According to him, Spectranet will add value as it has a healthy topline of Rs 40 crore and a healthy bottomline of Rs 10 crore.
Analysts point out that Citycom does not have an ILD/NLD licence and intend to expand in wireline services which is shrinking market.
They also say Spectranet has little to offer apart from fibre in 3 cities. Mehrotra disagrees. вЂњWe have applied for ILD/NLD licences and wireline is shrinking only for voice not for broadband. Spectranet has rich fibre and gives us a good platform which we can build on,вЂќ he says.
The new promoters of Spectranet intend to create a neutral telecom infrastructure for next generation wireline and wireless broadband that promises exciting possibilities for telecom operators and ISPs.
According to Kapil Puri, chairman of Spanco Telesystems, вЂњThis joint venture with ShyamвЂ™s promoter to acquire Spectranet aligns with the business model and expansion plans of our company. This will mark SpancoвЂ™s entry into telecom networks operations, presenting an opportunity to leverage the current mobile telecom and broadband boom.вЂќ
TOPEX Receives INTERNET TELEPHONY® Magazine’s 11th Annual Product of the Year Award
VoisTel Recognized for Outstanding Innovation
TOPEX announced today that Technology Marketing Corporation’s (TMC®) INTERNET TELEPHONY magazine (www.itmag.com) has named VoisTel as a recipient of its 2008 Product of the Year Award.
TOPEX VoisTel is a VoIP Private Branch Exchange perfect for small medium business environments. It offers full PBX functionality and services while enhancing the enterprise communication with new applications due to the underlying IP infrastructure. TOPEX equipment has all the features of a classic IP PBX and additionally it incorporates GSM boards for convergence with mobile networks. The equipment has built-in ISDN-PRI (E1) or ISDN-BRI and VoIP interfaces together with GSM/3G channels. The hardware and software modularity allows any company to customize their own solution depending on needs. By means of integrated GSM/UMTS board, all the calls can be managed in an efficient way, offering the opportunity to converge all type of existing networks into your communication system: PSTN, IP and mobile networks.
"It is truly an honor and a privilege that VoisTel has been named 2008 Product of the Year by Technology Marketing Corporation (TMC). Through this award we once again prove our commitment to quality and our continuous efforts for development in the IP area.”, said Mr Dan Adamescu, CEO of TOPEX. “This is an acknowledgment of our endeavor to meet the increasing requirements of highly business environments and telecommunication market.”, added Mr. Adamescu.
“INTERNET TELEPHONY is pleased to grant a 2008 Product of the Year Award to TOPEX for their VoisTel. TOPEX has proven they are committed to quality and excellence while addressing real needs in the marketplace,” said Rich Tehrani, TMC President and Editor-in-Chief of INTERNET TELEPHONY magazine. “We’re proud to honor their accomplishments in the advancement of IP communications and look forward to more innovative solutions from them in the future.”
A full list of Product of the Year winners will be published in the February, 2009 issue of INTERNET TELEPHONY magazine, (www.itmag.com). INTERNET TELEPHONY has been the authority in IP communication since 1998™.
For more information about TMC, please visit www.tmcnet.com.
TOPEX is among the most innovative, fast growing European manufacturers of telecommunication equipment, providing a wide range of telecommunication applications. The company has over 19 years of experience in research, development and manufacturing of both civil and military telecommunication devices.
TOPEX's leveraged expertise includes: Next Generation Network solutions, Softswitch, Media Gateways for TDM, VoIP, GSM and CDMA (2G, 3G), Signaling Gateways (SS7, ISDN, R2, SIP and H323), Broadband Wi-Fi Mobile Routers, Fixed-Mobile Terminals (2G, 3G) and ATC Voice Communication Systems.
About INTERNET TELEPHONY magazine
INTERNET TELEPHONY has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space. INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs. INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers. For more information, please visit www.itmag.com.
Technology Marketing Corporation (TMC) is an integrated global media company helping our clients build communities in print, in person and online. TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and NGN Magazine. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by three million unique visitors each month worldwide, according to Webtrends. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO and Communications Developer Conference.
For more information about TMC, visit www.tmcnet.com.
203-852-6800, ext. 228
In the very beginning of New Year Speedflow Communications is moving towards the global telecom community. Our team is going to visit PTC’09 which will take place at Hilton Hawaiian Village Beach Resort & Spa, Honolulu, Hawaii, 18th-21st of January.
We are looking forward to meeting new people and exploring the possibility of expanding our business contacts and gaining new partners. We also greatly appreciate the chance to exchange experience with our colleagues from all over the world and stay aware of all latest news of telecommunications’ business.
If you are interested in meeting us at PTC’09, you can find us in Exhibit Hall, booth #36 or contact Nina Moina at [email protected] to arrange time and date in advance.
Official site of Speedflow Communications is www.speedflow.com
JAMAICA, NY (September 2, 2008) – Logic Voice Inc. today announced the immediate availability of phone numbers in the popular (212) New York City area code. The digital phone service, free of traditional location constraints, makes phone numbers in the (212) area code available to anyone in the country with a broadband Internet connection. The globally recognized and easily remembered numbers, difficult to obtain even in Manhattan, are now available to residential and small business consumers nationwide.
In 1999, with nearly all of the available (212) phone numbers exhausted, the (646) and (917) area codes were introduced to accommodate the growing demand caused by the increased number of cellular phones, fax machines and pagers.
“With Logic Voice’s expansion into New York City and our ability to provide (212) phone numbers,” said Yaroslav Donchenko, Logic Voice’s CEO, “not only are we bringing back the Big Apple’s original area code, we’re bringing it to the entire country.”
2008 is running to its end and Speedflow Communications team thanks all our partners and friends, who stayed with us during this complicated, but still interesting and dynamic year. We hope that our partnership will last and extend. Together we will be able to achieve all assigned tasks.
May this Christmas bring your happiness, success and prosperity to last all year!
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