Tulip IT Services BUY

Tulip IT Services Limited is a data communication services provider. The company’s product port folio includes network integration, which includes designing and developing networks for its clients; wireless, which provides a range of point to point and point to multi-point wireless applications; networking, which is engaged in designing and implementing local and wide area networks; services, which is engaged in providing facility management, network management and security services to Indian corporate, and rural connectivity, which provides Internet/data connectivity in rural areas.


a leading data telecom provider in India, has been identified as the leader in the Indian MPLS/IP VPN Services market according to a report compiled by global growth consulting company, Frost & Sullivan. According to the report’s findings, Tulip IT Services has a market share of 28 percent in the Indian MPLS/IP VPN Market. Tulip IT Services has demonstrated a staggering growth of approximately 290 percent in the category, which is the fastest across the industry.
This report was compiled after an extensive analysis of service providers’ revenues and market share within the industry. The analysis is based on interviews with all market participants and extensive secondary research of proprietary data sources. The findings are based on other parameters like market share; revenue growth strategy; profitability and technology innovation to arrive at the overall leadership positions. Based on the report’s findings, Tulip has been awarded the prestigious Frost & Sullivan Market Leadership Award 2006-07 for MPLS/IP VPN Services. The award also acknowledges Tulip’s business innovation, technology capabilities and reach.
On receiving the award, Lt. Col H S Bedi, VSM, CMD, Tulip IT Services Ltd said, “We are delighted to be awarded the Frost & Sullivan Market Leadership Award for MPLS/IP VPN Services as it reinforces our belief in the innovative use of technology for deployment of Enterprise Data Networks. Our continued focus on innovation and customer delight are the cornerstones of our success and that is reflected in the high growth that Tulip is seeing across all categories including MPLS-VPN services. As a company, we will continue to strive towards replicating this success across domains.”
Dr. T .R Madan Mohan, Director (Consulting), ICT Practice, Frost & Sullivan South Asia and Middle East said, "The momentum in MPLS/IP VPN adoption is stronger than ever. It is commendable how Tulip IT Services, being the newest entrant in the Indian telecom market, has become the largest player in India."
Frost & Sullivan recognizes outstanding industry achievements by presenting the Frost & Sullivan Awards to leading companies in regional and global markets. These prestigious awards are recognized worldwide by the media, the investment community and end-user markets. Using interviews with all market participants and extensive secondary research of proprietary data, Frost & Sullivan analysts track competitor revenue and market share of industry verticals. Competitors are then compared and ranked.
The Frost & Sullivan report indicates that the IP/MPLS VPN market reached a total value of INR 1,127 Crore in 2006, exhibiting an increase of 42.2 percent over 2005. With an expected growth rate of 28.2 percent in the current year, this market is poised to reach INR 3,343 Crore by 2013, exhibiting a CAGR of 16.8 percent over the forecast period. The report further expects the Enterprise Data Services market to grow from INR 5,255.8 Crore in 2006 to INR 13,393.1 Crore in 2013, which equates to a CAGR of 14.3 percent over this period.
Tulip has set up India’s largest VPN network and provides enterprises with connectivity in over 1000 cities across India on both fiber and wireless. The company has further fortified its leadership position in the Enterprise Data connectivity market in India. Tulip is the only service provider in India that provides enterprises with end-to-end connectivity solutions including connectivity, data centers, network integration and managed services.

Tulip IT Services Ltd on July 09, 2007 has announced that it has been awarded the ILD (International Long Distance) license by the Department of Telecom (DoT) of the Government of India.
This license will allow the Company to address the needs of its customers for international Voice, Video and Data connectivity. The Company foresees the ILD license as a large business opportunity that will enable it to provide high-end services in the burgeoning VPN (Virtual Private Network) bandwidth market. As per industry estimates, the international connectivity market is expected to double from over Rs 1800 Crores in 2006 to over Rs 3600 Crores in 2012.
The ILD license will allow Tulip to offer a wide array of network carriage services for international connectivity to customers from an integrated platform and to provide International leased circuits to subscribers. This will further strengthen Company's position as an end to end solution provider.
Speaking on this occasion Lt Col H.S Bedi, Managing Director, of the Company stated, "It is a momentous occasion for Tulip and the Company has come a long way since its inception. This license opens a host of business opportunities for the Company and Tulip is appropriately positioned to leverage these opportunities." He further added "We have a strong footprint in the domestic market with our reach in over 800 cities. The award of this license will further enforce our commitment to being an end-to-end connectivity solutions provider that provides customers with a single point of contact for all connectivity and integration requirements."
With the addition of international connectivity to its portfolio, the Company has become a unique service provider that provides customers with a one-stop-shop for all connectivity needs including Network Integration, Domestic Connectivity, Managed Network Services, Data Centers and International connectivity.




EXPECTING 65-70 EPS FOR FULL YEAR AND PRICE TARGET OF 1700 WITH IN SIX MONTHS JUST BUY