NTT to invest Rs 2,000 crore in India
Japanese telecom major NTT Communications on Wednesday said that it may invest up to Rs 2,000 crore to double its data centre business in the country over the next three years, and also launch fixed-l
Japanese telecom major NTT Communications on Wednesday said that it may invest up to Rs 2,000 crore to double its data centre business in the country over the next three years, and also launch fixed-line telecom services for businesses by the year-end.
“We filed an application (for national long distance or NLD) licence this summer and we hope that we will get the licence before the end of the year,” NTT president and CEO Tetsuya Shoji said.
He said that the main intent behind the NLD application is to connect the company’s nine data centres in India and also to serve businesses, starting with the hundreds of Japanese firms present in the country.
Bharti Airtel was the first private company to offer NLD services and others, including Tata Teleservices, with whom NTT Group company Docomo has an equity alliance here, also offer it now. He, however, did not give a timeline for starting this venture. NTT boasts of nine data centres here with a total capacity of 6 lakh sqft space.