The funding, which gives Sanghi a "significant minority stake" in the company, will be used to increase Netmonastery's market presence acro...

While Netmagic provides data centre and cloud services, NTT Com India offers network services and NTT India is into managed services and sy...

Large technology companies such as Amazon, TCS, Accenture and NTT-Netmagic, and banking, financial services and insurance (BFSI) firms are ...

India, the third largest data centre services market in Asia, is seeing significantly higher data use as large technology services firms sh...

NTT Com India–Netmagic will deploy Nuage’s Virtualized Network Services (VNS) solution at their data centers across the country.

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

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.'

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.

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.