AT&T global network services India managing director Sanjiv Bhagat said India tops the list of countries in terms of revenue growth within AT&T’s Asia-Pacific region.
NEW DELHI: AT&T Inc, which on Wednesday announced an investment of $1 billion in global network and services for MNC customers in 2008, said the company would accelerate its investment in India to enhance physical networks in the country. The US-based communication major didn’t elaborate on the quantum of investment planned for the India market.
However, AT&T global network services India managing director Sanjiv Bhagat said India tops the list of countries in terms of revenue growth within AT&T’s Asia-Pacific region.
India’s growth was 85% in 2007 over 2006, while China was second with a growth rate of just 31%. Asean countries recorded a 9% growth, South Korea 3%, Australia-New Zealand 2% and Japan 2%. The total Asia-Pacific region recorded a growth of 22% in 2007 over 2006.
Interestingly, India’s growth rate in 2007 at 85% (in Asia-Pacific) is much higher than what the country recorded in 2006 at 40%. Even at 40% growth in 2006 over 2005, India was still top of the list among the Asia-Pacific countries.
This year, three new IP network access nodes will be added in the India market-in Delhi, Pune and Kolkata. With that, the country will have a total of 10 nodes-Delhi-2, Bangalore-2, Mumbai-2, Pune-1, Kolkata-1, Hyderabad-1, and Chennai-1.
Also, an Internet data centre is expected to be set up in Bangalore by the end of this calendar year. Other India plans for the year include customer centres for product demos, and enhanced focus on integrated solutions.
India is a major driver in the fastest growing region of AT&T-that is Asia-Pacific, said company officials. Besides India, China is the other major important market in the region.
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