Sify F2Q07 (Qtr End 9/30/07) Earnings Call Transcript

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2007-10-24 08:55:33.0

Tags: Sify Ltd., Call Transcript, Earnings, Portals, Sales Strategy, Branding, It Services, Web Technology, It Management, Internet, Sales, Marketing, It service Management, Seeking Alpha

Question-and-Answer Session

Operator

Thank you. We will now be conducting a question-and-answer session. (Operator Instructions). Our first question is coming from Colin Gillis of Canaccord. You now ask your question.

Colin Gillis - Canaccord

Yes, hello everybody.

Vijay Kumar

Hi Colin

Raju Vegesna

Hi Colin.

Colin Gillis - Canaccord

Hi Raju, just want to make sure you hear me here. So just briefly, what are you seeing for targets in the United States, and what is your appetite for expansion in that region?

Raju Vegesna

Now we have the money and we have the machine cleaned up, I think we are going to be looking at some acquisitions on our international market, especially our infrastructure management services.

Colin Gillis - Canaccord

Okay, great. And then just on the Internet side, you've got a pretty strong base of users, any notion of turning that into a social community of any kind or increasing that efforts beyond the game plan?

Raju Vegesna

Yes. So basically, it is more of a social network kind of community, if it makes sense. And we are coming up with new plans in that, how do we’re going to turn our portal business. And Suri, you want to elaborate this?

Suri Venkat

Yeah. You know, for example, the city live sites that we have cater to specific cities and people living in those cities. And we are also ramping up programs, publicity programs, which are going to be built around building communities within those locations.

From that, of course, we have a couple of other plans for cross national community network, which we would be coming forth with in due course of time.

Colin Gillis - Canaccord

Okay. Just the last piece on that side of the business. Any efforts to attract global brands and to hire direct sales that might be based out of New York City or other major centers of the world?

Raju Vegesna

I am not very clear about the question, Colin.

Colin Gillis - Canaccord

Sure. You know, in order to attract direct advertisers, are you looking to expand the sales force and have representative in major cities?

Raju Vegesna

Yeah. But see, if you look at it, Colin, majority of our business is in India.

Colin Gillis - Canaccord

Yeah

Raju Vegesna

And we are India-focused. And Sify brand in India is very strong. And so, we are going to count on that. And if you look at -- we are invested -- if you see, the Sify name also changed into the Sify Technology. And we are putting in the new branding campaign coming up, and that is the market we are looking at.

 

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