Under the license, the company will now be able to provide a range of enhanced retail and wholesale VoIP (Voice over Internet Protocol) services.
According to a press release issued to the exchanges, the new division headquartered in Singapore, will primarily manage the company's international wholesale VoIP business.
Net 4 also plan to establish a new PoP (Point of Presence) in Singapore for VoIP related services that includes International Calling Card Service (ICC), Toll Free Services, IP Telephony Services. The subsidiary will also be in a position to provide VPN Voice/data network services.
This adds further value to the strong product portfolio that Net4 carries already.
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The PoP will be interconnected to various local and International carriers who have presence in Singapore, which will help Net 4 to provide an enhanced service quality to all its client base.
Net 4 will leverage the multiple cable systems like Network i2i, SeMeWe4, Asia America Gateway, APCN2, EAC and C2C that aggregates at Singapore which is the defacto Asia-International hub for many carriers.
With the grant of SBO license, Net 4 becomes the first Indian Company to acquire this license.