Tulip Telecom shines on launching cloud-based Managed Unified Communication Services

06 Nov 2012 Evaluate

Tulip Telecom is currently trading at Rs. 39.10, up by 0.10 points or 0.26% from its previous closing of Rs. 39.00 on the BSE.

The scrip opened at Rs. 39.40 and has touched a high and low of Rs. 39.70 and Rs. 38.70 respectively. So far 54,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 155.00 on 09-Nov-2011 and a 52 week low of Rs. 34.05 on 15-Oct-2012.

Last one week high and low of the scrip stood at Rs. 39.90 and Rs. 37.00 respectively. The current market cap of the company is Rs. 566.00 crore.

The promoters holding in the company stood at 67.83% while Institutions and Non-Institutions held 15.96% and 16.21% respectively.

Tulip Telecom, India’s leading Enterprise Data Services provider has launched cloud-based managed unified communication services to over 2000 cities in India. The company has launched it in collaboration with TaraSpan, a provider of India market entry strategies for Canadian technology companies. These services include cloud and premise-based unified communications and collaboration solutions from Mitel Networks (Mitel).

An integral part of Tulip’s extensive Managed Services portfolio, cloud-based Unified Communications as a Service (UCaaS) enables enterprises and SMBs to leverage business communications services including IP telephony, audio and video conferencing, mobility and unified messaging on a per-user, per-month subscription basis.

With this collaboration, the company’s customers can select from a wide range of service with freedom to modify subscriptions options on a monthly basis. For businesses, this means the potential for productivity, quality and reliability gains and reduced operational expense for managing their technology - all at a predictable monthly cost.

Besides, the company’s carrier-grade UCaaS service, Mitel’s cloud-based unified communications platform and TaraSpan’s operational support - will be delivering business agility and offer the potential for reducing the cost and complexity of communication and collaboration for any organization.

Peers
Company Name CMP
D-Link (India) 535.10
Smartlink Holdings 190.95
Takyon Networks
Praruh Technologies
Rox Hi-Tech
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