AT&T to provide ISP services in India by end of 2007
New Delhi, April 18 (PTI): Communication solutions provider AT&T Global Network Services India, which recently launched its commercial business in the country, today said it will start providing Internet services to the corporate enterprise sector here by the end of this year.
The company, which currently has five MPLS-enabled Global Network nodes for providing services in India, will set up two new nodes by the end of this year besides doubling the capacity of its existing two nodes in Bangalore and Mumbai, AT&T CEO and Managing Director Sanjiv Bhagat told reporters here.
In November 2006, AT&T became the first foreign telecom operator to secure new licences -- ILD/NLD/ISP under the government's revised policy on foreign direct investment which allows up to 74 per cent foreign ownership.
"The company will invest 750 million dollar in 2007 globally including India," AT&T Asia Pacific Vice President V S Gopi Gopinath said declining to give the exact figures for investment in India.
AT&T recorded 40 per cent growth last year in India and is expecting similar growth rate to continue for the next two years, he said.
Business