DoT grants ILD licence to Tulip

New Delhi, July 10: Tulip IT Services Ltd, provider of IP data connectivity, today said it has been awarded the International Long Distance (ILD) license by the Department of Telecom (DoT).

It allows Tulip to address the needs of its customers for international voice, video and data connectivity and will enable it to provide high-end services in the burgeoning virtual private network (VPN) bandwidth market.

As per industry estimates, the international connectivity market is expected to double from over Rs 1,800 crore in 2006 to over Rs 3,600 crore in 2012.

The ILD license will further allow Tulip to offer a wide array of network carriage services for international connectivity to customers from an integrated platform and to provide International leased circuits to subscribers.

''This license opens a host of business opportunities for the company and Tulip is appropriately positioned to leverage these opportunities,'' company's Managing Director Lt Col H S Bedi said.

UNI