Sify Limited (NASDAQ: SIFY),a leader in Consumer InternetandEnterpriseServicesinIndiawithglobaldelivery capabilities,wasawardedtheprestigiousFrost&SullivanMarket LeadershipAwardforIPVPN Markets 2005-2006 for the third consecutive year.
Theawardwasgiven based on Sify's strong performance in fiscal 2005-06 withitsmarketshareintheVPN space in India at 37.2 percent. Sify acquiredmanyimportantclientsin different market segments during the year. The Frost & Sullivan Market Leadership Award also acknowledges Sify's customer orientation, technology capabilities and reach.
Onreceiving the award, Mr. Raju Vegesna, MD & CEO, Sify Limited said, "We aredelightedtobe awarded the Frost & Sullivan Market Leadership Award forIPVPNMarketsfor the third year in a row. The award is, first and foremost,a testimony to the trust our customers place in our services. It isalsoastrongrecognitionofteamSifyacross our technology and enterpriseservicesteams,whohavetogetherbuiltour strong market presencewiththehigheststandardsof service delivery and technology capabilities.Itisourintentiontobuildonthese achievements to continueto lead the market with services that are at the leading edge and will enable our customers to use IT for competitive advantage".
Mr. Alok Shende, Director, ICT Practice, Frost & Sullivan India, said, "The momentuminVPNadoptionis strong as ever. Making it to the top of the table for the third year in a row is a feat in itself for Sify, especially, with the market witnessing Telcos playing keener role."