The company, which is fully-owned by Japan's NTT Communication, offers public cloud services, co-location and managed services.

On Thursday, NTT Communications launched the international data network services in India after it got a VNO-ILD network licence.

Later, in February 2017, Tata Sons and NTT Docomo decided to mend ways with the Indian conglomerate agreeing to pay USD 1.18 billion to the...

The license, acquired by its affiliate NTT Communications India Network Services, was granted on March 1, the company said in a statement.

'Netmagic will continue to be carrier neutral while customers that will be part of the new license will be large Japanese clients.'

The company is applying for a long-distance licence to interconnect its data centres and client locations with optical fibre cables, Tetsuy...

Bharti Airtel was the first private company to offer NLD services and others, including Tata Teleservices, with whom NTT Group company Doco...

NTT that offers voice and video solutions, besides network services, holds 74% stake in Netmagic, which is growing at around 35% annually.

eCommerce accounts for about 27-28 per cent of the company's revenues, followed by IT/ITeS (23-24 per cent) and BFSI (20 per cent).

The permit for NLD services will allow it to begin providing domestic network services in India by the end of this year, the company said.

Netmagic delivers services from 8 carrier-neutral, data centres located in Mumbai, Bengaluru, Noida (Delhi-NCR) and Chennai.

As part of these trials, NEC and NTT Docomo aim to verify enhanced time-domain beamforming technologies with a very large number of antenna...

Japan-based NTT and Virtela shareholders have entered into a definitive agreement to wholly acquire Virtela for a total transaction price o...

With a debt ratio of 0.38 and a deep pocket of nearly $2 billion in cash, the Japan-based NTT Group packs enough ammunition to make more pu...

NTT Communications, a part of the Nippon Telegraph and Telephone group, will pay 10 billion yen for a 74% stake in Netmagic

Japan's NTT Communications Corporation (NTT Com) is acquiring a majority stake of 74% in Mumbai-based Netmagic.

Japanese telecom giant NTT's data communications unit plans to buy US IT firm Keane for 1.2 billion dollars as a strong yen and good earnin...