Company Press Release: 

 

Dhanus Technologies launches revolutionary V- Tel Mobile

Go global, pay local

 

Mumbai, May 23, 2008: Dhanus Technologies Ltd. [BSE Scrip Code: 532903, NSE: DHANUS. NS], one of India's fastest growing technology companies, today announced the launch of its V-Tel Mobile service. V-Tel Mobile service will be available for all GSM based subscribers and can be used across 229 countries with more than 250 mobile phone service providers. V-tel Mobile offers free incoming calls in over 50 countries and charges discounted rates for home country calls as well as for calls made within the respective country during travel. This will help international travelers save call charges by a whopping 95%. 

 

This service from Dhanus will be a blessing for most international travelers who spend huge sums on making or receiving International calls. V-Tel Mobile will extend the convenience of being reachable anytime and anywhere, globally without the customer being perturbed by the call cost.

 

Commenting on the occasion of the launch, Mr. A. D. Sudhindhra, Executive Chairman, Dhanus Technologies, said, "The launch of V Tel Mobile is a major milestone for Dhanus Technologies and we are extremely excited to take telecom services in India to the next level. There has been a huge surge in business & leisure travelers in the country and huge monies are spent on telephone bills by travelers trying to keep in touch with family, friends and business associates, across geographies. With the Indian Telecommunications market booming and with about 10 million Indians traveling abroad every year, it is estimated that one in every four of the next billion subscribers will be an Indian; and this provides immense potential to offer V-Tel mobile services to Indians who travel abroad frequently." 

 

Dhanus already enjoys 80% market share with its V-Tel Global Calling cards services, which is one of the most profitable business in its portfolio. The V-Tel Mobile is its progressive brand extension that opens international roaming to its customers in a pay-as-you-go model at local rates.  The mobile service offers online subscription and online recharge for customers. The activation charges will be in Indian Rupees and recharge/top-up will be in US Dollars or Euros or Pound Sterling depending on where the top-up is being requested from. V-tel Mobile will be available with 800 plus dealers and online at www.v-telmobile.com

"We at Dhanus are committed in providing a high level of customer service, transparency in billing, rich voice clarity and reducing communication costs for V- Tel mobile subscribers." added Mr. Sudhindhra.

 


 

About Dhanus Technologies: Established in 1993, Dhanus Technologies provides efficient solutions for CRM and Logistics fields by combining IT and telecommunications technologies, together with comprehensive telecommunications services. Headquartered in Chennai, India, the company also has operations in California, USA. Dhanus Technologies has a strong product development team. 

 

Dhanus Technologies uses its own communications software successfully and it received the degree of SE 1A from Dun&Bradstreet Information Services India Pvt. Ltd., which means high level of competency and financial strength. Started broadband telephone services in November 2006 in USA with Mpinigi Company and registered at Bombay Stock Exchange, Dhanus Technologies has a market value of $ 150 million. Dhanus Technologies plans to invest a total of $ 200 million in Europe, Middle East and Canada for M&A purposes.