NEW DELHI: Global telecom major AT&T on Wednesday said it will increase its investment in India this year to enhance physical infrastructure, including setting up of three nodes and an internet data centre in the country.
The company also announced global investment of one billion dollar outside the US in 2008, up 33 per cent from last year. AT&T, however, declined to reveal exact investment figures for India.
It already has seven nodes in India and would add three more in Delhi, Pune and Kolkata by the end of this year. The US-based company would also set up an internet data centre in Bangalore in the same period, AT&T's India CEO and Managing Director Sanjiv Bhagat told the media.
He said the company was evaluating the option of setting up a customer briefing centre in India for product demonstrations.
The Indian revenues for the company has increased by 85 per cent year-on-year in 2007, Bhagat said, refusing to give further details.
AT&T holds an ILD/NLD license in India and provide services in partnership with Mahindra Telecommunications.
Source : EconomicTimes
Wednesday, March 5, 2008
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