Netmagic & Spectranet enter into a strategic partnership to set up India's first DiD center

India's first multi-location commercial DiD (Datacenter-in-Datacenter) worth Rs 200 crores to be set up in 4 cities as part of the partner. End Quote

(1888PressRelease) February 23, 2012 - Mumbai: Netmagic Solutions, India's largest pure-play Managed IT Hosting Services Provider and Spectranet, India's fastest growing integrated communication services provider, today announced a strategic partnership to collaborate across multiple business avenues.

As part of this partnership Spectranet will set up India's first multi-location commercial DiD (Datacenter-in-Datacenter) across Netmagic's datacenters in Mumbai, Noida, Bangalore and Chennai. Spectranet will independently deliver service and support to their customers hosted at the DiDs, with Netmagic providing the core datacenter infrastructure support and services. This is the first such deal in the datacenter space in India where a communication services provider has partnered with a pure-play datacenter service provider.

Also as part of this deal, Netmagic will benefit from Spectranet's vast fibre and IP network and shall be able to extend these services to its customers. However, Netmagic will continue to be a carrier neutral hosting provider.

The partnership opportunity is worth Rs. 200 Crores and will help Spectranet and Netmagic leverage each other's core competencies to deliver greater value to their customers. Globally, in mature markets, this business model is common within the datacenter space, where an end-user focused service provider partners with a pure-play datacenter service provider for collocation space and related services while focusing on customer service & support. This model provides cost and operational efficiencies for both players.

Says Mr. Udit Mehrotra, Managing Director, Spectranet, "While Spectranet has been providing Datacenter services since 2000, our footprint has been largely limited to Delhi and Bangalore region. This partnership will enable us to rapidly roll out services across the top 4 Enterprise and SMB markets in India. The model ensures that the service delivery and management is entirely done by Spectranet, while leveraging the underlying state-of-the-art infrastructure available at the Netmagic facilities. This partnership will also enable Netmagic to leverage Spectranet's core strengths in intra-city connectivity to offer integrated connectivity and datacenter solutions in the market."

Says Mr. Sharad Sanghi, Founder & CEO, Netmagic Solutions, "We believe that this is a visionary and path-breaking move made by both companies. Given the growth opportunity in the marketplace and cost benefits to be had, the model is a win-win partnership for both organisations. This partnership also comes as an acknowledgment of Netmagic's leadership position in the Managed IT hosting services space that we have built over the last 14 years".

Awarded 'Data Center Service Provider of the Year 2011' award by Frost & Sullivan, Netmagic has more than 2,00,000 square feet of datacenter space including the recently launched state-of-the-art 40,000 square feet datacenter in Noida to service the NCR region. The Noida Datacenter was the 7th datacenter for the company in India and its first in North India.

About Netmagic Solutions

Netmagic Solutions is India's largest pure-play Managed IT Hosting Services Provider. Netmagic Solutions is ISO 27001, ISO 9001:2008 and ISO 20000-1 certified and its processes are designed as per the ITIL framework. Netmagic Solutions delivers mission critical hosted applications for over 1000 of the world's best-known enterprises from multiple locations and has been awarded the 'Datacenter Service Provider of the Year 2011' by Frost & Sullivan. Netmagic's Chennai Datacenter is the only Gold LEED certified datacenter by the USGBC in India. Netmagic has 7 carrier neutral, state-of-the-art datacenters located in Mumbai, Bangalore, Noida (Delhi-NCR) and Chennai with over 2,00,000 sq. ft. floor space. http://www.netmagicsolutions.com

About Spectranet

Spectranet started its journey in the year 2000 as the pioneer of Broadband in India and has since evolved into an Integrated Communication Services Provider. Spectranet's operations are strategically segmented into Enterprise and Home solutions. Our portfolio ranges from high-speed broadband to next-gen cloud-based services. The solutions we offer are tailored to meet the rapidly changing needs of our customers. Spectranet currently offers its services to over 20,000 satisfied customers in Delhi NCR, Mumbai, Bangalore, Chennai, Hyderabad & Chandigarh and is extending its footprint to many more cities across India.Spectranet is an ISO 9001:2008 & ISO 27001:2005 Certified Company. http://www.spectranet.in

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