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Sify Technologies Limited played a role during the early spread of Internet and e-commerce in India. It has been listed on NASDAQ as SIFY since October 1999. Merrill Lynch was the underwriter for Sify's IPO on the NASDAQ. [6] Sify was founded and led to IPO by R. Ramaraj.
Broadband is defined by the Telecom Regulatory Authority of India as "an always-on data connection ... that offers a minimum downlink and uplink speed of 2 Mbit/s". [2] The number of internet users is 895.832 million, out of whom 34.36 million are narrowband subscribers and 861.472 million are broadband subscribers. [3]
Investors looking for Internet plays in India have a limited selection of pure plays. There's Rediff.com (NAS: REDF) , but the portal operator is a Sify: A Year in Review
The total number of broadband subscribers stood at 941.47 million as of 30 November 2024. [32] [33] Total Wireless broadband subscribers stood at 903.79 million and wireline broadband subscribers stood at 40.97 million. [3] The top 5 services constituted 98.42% market share of the total broadband subscribers. [33
General public access to the internet in India began on 15 August 1995. By 2023, India had more than 900 million Internet users. [1] It is reported that in 2022 an average mobile Internet consumption in India was 19.5 GB per month and the mobile data usage per month rose from 4.5 exabytes in 2018 to 14.4 exabytes in 2022. [2] [3]
Investors shouldn't lose sight of the world's second-most-populous nation. Sify (NAS: SIFY) shares were trading as much as 35% higher today after posting double-digit percentage gains in revenue ...
The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance (UPA) coalition government India were allegedly involved in [1] selling or allotting 122 2G spectrum licenses on conditions that provided an advantage to specific telecom operators.
In March 2017 Bharti Airtel acquired Tikona 4G business including wireless broadband access spectrum. [2] After announcement of this deal the home WIPRO business of Tikona Digital Networks Pvt Ltd was absorbed by the Tikona Infinet limited. Tikona has an all-India Class-A ISP licence granted by the Ministry of Communications, government of ...