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Article: TATA INTERNET SERVICES INVESTS US$106.25 MLN OVER 5 YRS.
- Article from:
- AsiaPulse News
- Article date:
- July 11, 2001
CopyrightCOPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, July 11 Asia Pulse - Tata Internet Services Ltd on Tuesday launched its Internet services in Delhi with an investment of Rs 5 billion (US$106.25 million) over the next five years.
"The Internet services, Tatanova, would now be available in New Delhi, besides Mumbai, Chennai, Bangalore and Hyderabad, covering nearly two-third of the national Internet market," Tata Internet Services CEO N Srinath said.
The company has invested Rs 1.2 billion which will go up to Rs 5 billion in the next five years while aiming to break-even in four to five years.
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