You are here: Home » Companies » News » Telecom
Business Standard

Netmagic to target 350 Japanese firms in India

The plan is to tie up with all existing providers, construct single network for an enterprise

Kiran Rathee  |  New Delhi 

Netmagic Solutions (Photo: Twitter,@netmagic)
Netmagic Solutions (Photo: Twitter,@netmagic)

Managed hosting and service provider says it is targeting the 350-odd Japanese companies in India as part of its expansion plan.

A fully owned subsidiary of Japan-based NTT Communications, it launched national long distance (NLD) services last year. It plans to take on lease the fibre laid by existing telecom operators, not lay its own.

"As of now, we want to focus heavily on the Japanese customers. There are more than 350 who are very actively engaged in India. For our network business, our strategy is first to go to these guys, as most of them are NTT global customers," executive director and president Sunil Gupta told Business Standard.  

He said it made sense for these Japanese companies to have a single provider across the globe. Apart from these, it is looking at other global multinationals in India which are NTT customers in other regions.

Asked when the company could achieve its targeted customer base, Gupta said, "Hopefully, in the next 12-15 months." It currently has 55 enterprise customers.

Gupta said with so much of fibre laid underground by over the past 20 years, there was no point in one more player coming in and digging the roads. "Our plan is not to get our own fibre. We are tying up with all the providers, like Tata, Vodafone, Sify, or Reliance, and then constructing a single network for an enterprise," he added.

The company says it has no plan to enter mobile connectivity and servicing of individuals -- it sees its strength in and the connectivity business through fibre. Netmagic has seven in the country and plans to add two, with an initial investment of $160 million (Rs 1,000 crore).

The company acquired a network licence in March.

"India has been a key strategic market for us, with the accelerating shift of services from traditional enterprise into cloud-based services," said NTT Communications' president and chief executive, Tetsuya Shoji.

For the past few years, he said, their business in India had consistently grown at a little over 35 per cent annually.

"With further expansion of data centre footprint and addition of to our portfolio, we aim to meet the growing market needs for mobility, e-commerce, the (IoT), and big data," Shoji added.

First Published: Fri, July 28 2017. 02:20 IST