Top-Performing Emerging-Market Stocks
For the quarter ended Dec. 31, 2010, Sify's promoters invested $21.7 million to improve liquidity and to fund data center and network expansion. Total operating revenue stood at $38.72 million with its infrastructure/hosting business growing 26.4% year-over-year.
Sify recently became the first ICT player in India to activate its capacities in the Europe-India Gateway (EIG) submarine cable system. The EIG is a $700 million high-capacity fiber-optic cable and one of the most advanced submarine cable systems in the world. Sify's partnership with GBI (Gulf Bridge International) to land their Cable System in India will go onboard from the second half of 2011.
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