C&W
TO INVEST $10 MN IN INDIAN OPS
British telecom firm Cable & Wireless (C&W) said it
would invest $10 million in expanding its Indian operations
over the next 18 months.
Cable and Wireless
Asia-Japan CEO Phil Green told reporters here that about $5
million would be spent on expanding nodes and bandwidth, while
an equivalent amount would be invested in people and infrastructure.
C&W has invested
$5 million dollar since it began its business in India in
1995 and in the last 18 months doubled its customer base in
the country to 130.
"With this
investment, we hope to double our customers in 18 months,"
Green said.
He said C&W
has launched its multi-protocol label switching (MPLS) service
in India as an extension of its managed data services portfolio,
in association with Reliance Infocomm.
"We have made
fresh investments and will be focussing in this region to
not only increase our presence, but also to provide more connectivity
and world class support to our existing global clientele,"
Green said.
