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By Our Staff Correspondent
MUMBAI, DEC. 1. Teledata Informatics Ltd. (TIL), a leading provider of enterprise resource planning (ERP) software for education and the marine industry, has forayed into the Voice Over Internet Protocol (VOIP) business for international long distance communication. TIL's Singapore subsidiary, Insoft Systems, a basic telecom operator, has tied up with ETCSA, Cuba, for terminating the calls to Cuba totalling 15 million minutes a month. Addressing the media here today, K. Padmanabhan, Managing Director, TIL said, "As per the agreement we will set up necessary equipment on the Build, Own, Operate, Transfer model for VOIP traffic routing and manage the system and use our software for call routing facility.'' The estimated investment in the equipment, which has been installed and tested, is about Rs. 15.80 crores. The agreement provides a traffic of 180 million minutes in the first year of operation. Teledata will have a spread of five cents a minute, of which around 60 per cent will go in for operation and maintenance. Mr. Padmanabhan said the company proposes to acquire 75 per cent stake in NOLP-Thailand, which specialises in content development, CAMS and LMS. This would be done by the end of the current financial year.
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