Iqara Telecoms targets SMEs
20 June 2006
The growth prospects for cable internet broadband suppliers is positive, E V S Chakravarthy, CEO, Iqara Telecoms India Private Limited, tells V Jagannathan.
Chennai: Cable internet service provider (ISP) Iqara Telecoms India Private Limited is planning to add 1.2 lakh new subscribers this year to its existing base of 1.3 lakh.
Iqara, established in Surat in 2001, has set up a state-of-the art fibre optic network in India. The company is also one of India's first ISO 9001:2000 certified companies in the dedicated broadband business.
Originally promoted by the British Gas group, the company changed hands in May 2006 when the promoters decided to exit the telecom business in India and Brazil. The group sold a major chunk of its holdings in the Iqara Telecoms to Citi Ventures Capital International.
Says CEO E V S Chakravarthy, "We are now present in ten cities and the target is to add 10,000 new subscribers per month. It is time for us to penetrate deeper in to the market."