Monday, April 06, 2009

TULIP TELECOM EYES CORPORATE CUSTOMERS FOR VAS

New Delhi, April 5, 2009
The Economic Times Business Standard The Asian Age Financial Chronicle

Data communications and software services firm Tulip Telecom plans to launch value-added services, such as push mail and corporate Internet services, for the corporate sector in few months.

The New Delhi-based firm will offer these services to its corporate customers directly as the service can work on any phone with GPRS connection.

"We plan to launch value-added services like push mail, data leasing and corporate Internet services over the next few months. These services, we expect, would contribute about five percent to our revenues by the next two years," Tulip Telecom Executive Director Deepinder Singh Bedi said.

Tulip has also roped in Israel's Emoze for technical collaboration and would offer the service, which will enable the user, read and send e-mails just like on a BlackBerry device.

Tulip Telecom's net profit for the year ended June 30, 2008, stood at Rs 187.14 crore, while the net sales stood at Rs 1,218.98 crore.

Tulip's clientele include Ranbaxy, HDFC Bank, DLF, DHL, Dupont, Hindustan Times, Bharti and Maruti Suzuki among others.

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