Anil-Ambani group firm Reliance Globalcom today said it has bagged contracts worth $100 million (about Rs 449 crore) between late April and early July.
The company operates private undersea cable system spanning 65,000 kms seamlessly integrated with Reliance Communications connecting 40 key business markets in India, the Middle East, Asia, Europe, and the US.
"The company in just 100 days between late April and early July bagged projects of over $100 million total contract value," Reliance Globalcom said in a statement.
The company in its statement added that Reliance Globalcom has been developing processes specifically designed to centrally manage multi-carrier networks, and streamline network, billing and contract management, developing truly global business scalability for customers.
"Enabling our customer to grow their business regardless of geographic or business boundaries, requires us to understand our customers' needs and provide management processes which achieve their objectives. Our recent results prove that we are delivering exactly that," Reliance Globalcom president and CEO Punit Garg said.
Contract renewals with existing customers were also strong throughout 2010, with major enterprise customers looking at further increasing the efficiency of their internal resources and reduce the total cost of ownership of their networks.
Reliance Globalcom's customer base has expanded significantly since April 2010, with several new multi-million dollar contracts signed.
The company serves over 2,100 enterprises, 200 carriers and 2.5 million retail customers in 163 countries across 6 continents.
