PRESS RELEASE

Tulip Telecom adds another large-scale project in its Managed Services portfolio for Government segment

Becomes the Facility Management Services provider for a premier Science & Technology body of the Govt. of India:

Empanelment is expected to fetch business in excess of Rs. 425 Crore in revenue over five years for the two empanelled companies

New Delhi, May 23, 2012 - Tulip Telecom, India's leading Enterprise Data Services provider, has set another milestone by winning a large Managed Services contract for a premier Science and Technology body under the Department of Information Technology, Government of India. Tulip is one of the two chosen service providers for the networks implemented and managed by the body. Under this empanelment, Tulip has already received its first orders totaling to Rs. 132 Cr over a period of 5 years and will continue to receive the remaining orders over the current quarter.
As the chosen service provider for this project, Tulip is largely responsible for Network Management, IT infrastructure management, links commissioning and management amongst other day-to-day IT and network operations for various Government departments. In addition to this, Tulip will also be responsible for Fault management, WAN management and the overall network management for the networks implemented and managed by the institution. Tulip would also be required to assist in managing all the network facilities created at their Disaster Recovery site at Hyderabad, State Headquarters (SHQ), District Headquarters (DHQ), Tehsil Headquarters and Bhawans in their respective States.
An order of such large scale and value will require Tulip to deploy close to 1400+ resources across the country. There is a significant synergy in terms of skill set required with that of the existing team that Tulip has on board.
Lt. Col H S Bedi, Chairman and Managing Director, Tulip Telecom, stated "Tulip is honored to partner for a prestigious project of such scale. We are glad that such an esteemed government body has recognized Tulip's expertise and experience in the Managed Services arena. With a wide range of Managed Services offerings and a growing portfolio in government sector, Tulip looks forward to act as a catalyst in the evolution of Information Communication and Technology (ICT) adoption in the country and provide an impetus to Government's e-governance plans."

About Tulip Telecom Ltd:

Tulip Telecom Ltd. (BSE: 532691/NSE: TULIP) is India's leading Enterprise Communications Service provider. The Company's data network has the largest reach of over 2,000 locations globally. The Company has a global presence with over 3,700 employees and more than 2,400 customers. Tulip designs, implements and manages communication networks of large enterprises on long term contracts to include enterprise communications connectivity, network integration, managed services and Data Centers.

To know more about Tulip Telecom visit our website www.tulip.netor join us on Twitterand LinkedIn .

For further information, please contact:

Shilpi Chaturvedi Tulip Telecom Ltd. shilpic@tulip.net
+91 8447330847
Linett Loyall
Genesis Burson-Marsteller linett.loyall@bm.com
+91 9999004376

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