Japanese telecom service provider NTT Communications has acquired a Virtual Network Operator (VNO) license under the International Long Distance (ILD) segment. The VNO license was awarded to NTT Communications India Network Services (NTTCINS), the Indian subsidiary of NTT. The company will use the license to expand its enterprise networking solutions and other managed IT services in India, which is currently being offered via its affiliate company named Netmagic Solutions. Note that in this month, NTT Communications had acquired a 100% stake worth Rs 533.83 crore in Netmagic after it received approval from FIPB. Mumbai-based Netmagic provides infrastructure services like CDNs, Hosting, Managed Security, Cloud solutions among others. It also has 7 datacenters located in Mumbai, Bangalore, Noida and Chennai. Starting from July, Netmagic will additionally include hybrid Virtual Private Networks (VPNs) services in its catalog. Basically, NTT is bringing “Arcstar Universal One International Network…
