Sify Broadband Crosses 100,000 Subscribers

Suraj

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source: http://biz.yahoo.com/bw/050623/235342.html?.v=1

CHENNAI, India--(BUSINESS WIRE)--June 23, 2005--Sify Broadband, the retail Broadband access service from Sify Limited, India's leader in Internet, Networks and eCommerce Services company announced today that its high-speed connectivity home users crossed 100,000 subscribers. This makes Sify Broadband one of the leaders in the retail broadband business in India.

Commenting on this milestone, Mr.Shrikant Joshi, President Access Media, Sify Limited, said, \"I am pleased to note our home subscriber base for high speed Internet access services has crossed over 1,00,000 subscribers. However, I believe that, with the current impetus for broadband connectivity growth in India, the best is yet to come. Our focus now will be on speedy installations, service delivery of high quality and value additions that will act as service differentiators.\"

Unique model for delivery of services:

Sify Broadband uses a combination of fixed wireless, optic fibre and Ethernet cable technologies to deliver high-speed services to homes. Users include residential, SOHO/SME as well as commercial users across towns and cities in India.

Sify Broadband has embarked upon several initiatives to add value to users experience of their connection and to improve quality of service. One such initiative is the institution of processes for continuous improvement, maintenance and upgradation of the last mile network. Another initiative to enhance user experience is the Sify Broadband client software given to each and every subscriber. This is a powerful tool for easy installation, rapid logins, online help with a troubleshooting guide as well as alerts for account renewal.

In addition to these initiatives, Sify Broadband upgraded its network with technologies that ensure quality services, including sophisticated Intrusion Detection Systems (IDS) to protect the network from viruses. Every Sify Broadband subscriber is also provided with licensed Anti-virus software with the latest updates to keep their personal computers protected from viruses.

A wide range of service plans gives consumers more to choose from:

Sify Broadband offers pre-paid service plans that have a distinct advantage over post paid plans as they help customers plan their usage and control costs. In addition, a wide range of service plans helps customers choose a plan according to their needs:

    * The 256 kbps pack with 1 GB of data transfer per month costs just Rs.499 + service tax as applicable. Unlike other service providers plans with a higher rate per MB once a specified limit is crossed, Sify Broadband subscribers just need to renew and continue to enjoy 256 kbps at less than 49 paise per MB.
    * The popular family plans with unlimited hours of usage start at just Rs.450. Night unlimited packs are a boon for late night surfers. For dialup Internet users upgrading to broadband, Sify Broadband has a range of hourly packs to choose from. This range starts from as low as Rs.7.50 per hour- about 50% cheaper than a per hour dialup connection cost.

Broadband content to delight broadband users:

One of the value added services Sify Broadband subscribers enjoy is Sify's broadband content portal www.SifyMax.in with video news, film clips, interviews, reviews as well as audio entertainment. From video clippings of the latest Hollywood and Bollywood trailers to humor videos, sports action, cookery, astrological predictions, news, fashion and travel. An extensive collection of Hindi albums, especially the Sa Re Ga Ma collection featuring the best of well known and much loved singers and musicians such as Lata Mangeshkar, Asha Bhosle, R D Burman, Kishore Kumar and Mukesh make it ideal for the Indian music lover. SifyMax is also the official Broadband partner in India for Wimbledon 2005. News from trusted & popular channels including BBC World and Hindi news channel Aajtak ensure users can catch up with the news when convenient. SifyMax also aggregates the best podcasts on the web and also features a video blog. The site is designed to be absolutely delightful for broadband Internet users.

About Sify:

Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure. This Internet backbone reaches 99 cities and towns in India. A significant part of the company's revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services and hosting. A host of blue chip customers use Sify's corporate service offerings. Consumer services include broadband home access, dial up connectivity and the iWay cyber cafe chain across 90 cities. The company's network services, data center operations and customer relationship management are accredited ISO 9001:2000.

For more information visit the corporate site www.sifycorp.com.

Forward Looking Statements:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify's business, please see the discussion under the caption \"Risks Related to Our Business\" in the company's report on Form 6-K for the quarter ended December 31, 2004 which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov.

Contact:

  Sify Limited
  Mr. David Appasamy, 91-44-2254 0770 Ext. 2013
  david_appasamy@sifycorp.com
    or
  The Anne McBride Co.
  Brandi Piacente, 212-983-1702 Ext. 208
  bpiacente@annemcbride.com


Source: Sify Limited
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:eek:
 

GAURAV7777

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Dec 15, 2004
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this gives a new meaning to the low standards sify can drop to promote its servicespaid reporting
 

coolbuddy_79

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Jan 30, 2005
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i see "high-speed" quite a no. of times...48, 64, 96 kbps...they consider it "high-speed"??? :angry:
 

Tushar

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May 5, 2005
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Well, they can't call it "broadband" due to TRAI regulations :), so they call it "hi-speed"