Tulip Telecom has launched its data centre, the Tulip Data centre (TDC). TDC will be owned and managed by Tulip Data City which is a 100 per cent subsidiary of Tulip Telecom.
The company has invested Rs 9 billion in establishing the data centre and hopes to generate Rs 10 billion in annual revenues within three years from the same.
According to H.S. Bedi, chairman and managing director, Tulip Telecom, the company is aiming to achieve EBITDA margins of 40 per cent via the data centre this year.
That apart, Tulip is looking to ink contracts for its data centre worth Rs 6 billion in the next financial year.
