Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Enterprise and Consumer Internet Services in India with global delivery capabilities, and Gulf Bridge International (GBI), Qatar, today signed an agreement to land GBI's sub-sea cable system in India. Gulf Bridge International (GBI), the Middle East's first privately owned submarine cable operator, also announced that Sify will provide a landing station for GBI's cable in Mumbai, India.
The GBI cable system, which will connect all the countries of the Gulf region to each other, will provide onward connectivity to India and beyond via Sify's landing station. The launch of GBI's cable system will provide telecom operators and other communications companies, both in the region and globally, greater choice, value, diversity and resilience.
"We are delighted to announce that GBI have selected Sify to be our landing partner in India. As one of India's leading internet communications companies, Sify is well placed to ensure that GBI's cable system is fully integrated into the expanding Indian domestic market," commented Mr. Hamad Al Mannai, Executive Vice Chairman of GBI. "We are looking forward to a long and successful relationship with Sify," he added.
"Access to Undersea Cable System will allow SIFY Technologies to serve the emerging markets in the Middle East as well as the African region, which are also amongst the fastest growing economies in the world. This allows SIFY to enable a reliable and secure information superhighway to connect the Middle East to Asia Pacific & the Americas, thus bringing in superior network connectivity to the Middle East & African regions. Sify further strengthens its position as a leading ICT player by combining its existing Data Center, Network and Application services with the opportunities provided by the GBI cable system," says Mr. Raju Vegesna, CEO and Managing Director, Sify Technologies Limited.
"India and the Middle East Region have long established business ties. Today both are successful business hubs with an increasing dependency on telecommunications services, which in turn generates increased demand for international capacity," said Mr. Ahmed Mekky, Board Member and CEO of GBI. "Today's agreement with Sify will enable GBI to fulfill our mission to connect the world to the Gulf through the eastern route to India as the Gateway to Asia and the western shores of the USA."
"GBI Cable System will provide industry leading secure and direct connectivity to all the Gulf countries as well as to Egypt, Africa and Europe. The new generation technology and class leading architecture of the GBI cable system will take telecommunication services in India to the next level. This will complement our objective of providing quality services to our customers and partners," says P J Nath, Executive President - Enterprise Business, Sify Technologies Limited.
Scheduled to launch in 2011, the GBI cable system will connect all the Gulf countries via a core ring, which can re-route traffic, thereby increasing resilience. With a design capacity of up to 5 terabits per second on certain cable sections, the GBI Cable System will have the capability to meet the rapid growth in demand that has been forecast for traffic originating and terminating in Gulf.