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HCL Infinet hikes Internet access rates

17-August-2001
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HCL Infinet hikes Internet access rates

With an eye to boost its revenues, HCL Infinet, the Internet services subsidiary of HCL Infosystems plans to hike Internet access rates in the next three-to-six months. The company intends to retain its customers despite the price hike by offering a facility of a single number access to its customers by which they can access the Internet from anywhere in the country.

With this, it is also aiming at a turnover of Rs 45 crore in its fiscal year (July 2001 to June 2002) and expects this to double in the next fiscal.

After recently raising the prices for its ISP services by 10 per cent in its first round of price hike, HCL Infinet is now expected to further hike the ISP prices by another 3-5 per cent.

HCL Infinet is raising prices for all its products except for its introductory package of Rs 99 for 10 hours. The company is present in 42 cities and distributes its services through a chain of resellers.

HCL Infinet has four areas of specialisation: corporate services, consumer segment, Web solutions business and call centre help-desk business. It draws 60 per cent of its revenue from the corporate clients and 10 per cent from the Web solutions and call centre business. The rest is drawn from the consumer, SOHO and small and medium business (SME) segment.

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