Description

NSE adds Sify Technologies Ltd. as a last mile connectivity service provider for Wide Area Network (WAN) with availability across all POPs under Managed and Self Service modes.

Summary

NSE has added M/s Sify Technologies Ltd. as a last mile connectivity service provider for Wide Area Network (WAN), expanding the existing list of telecom service providers. This partial modification to circular NSE/MSD/67754 dated April 29, 2025, allows members to use Sify’s services across all Points of Presence (POPs) under both “Managed” and “Self Service” modes for conventional wired and Cross Connect last mile connectivity options.

Key Points

  • Sify Technologies Ltd. now available as leased line connectivity service provider for WAN
  • Services available across all POPs under both “Managed” and “Self Service” modes
  • Both conventional wired and Cross Connect last mile connectivity options available
  • Members can request services through ENIT portal: ENIT > Membership > TCP IP Scenario
  • Services include: New Activation, Scenario Change, Change in Bandwidth, Location shifting
  • Bandwidth options available: 4 Mbps, 10 Mbps, 20 Mbps, 30 Mbps, 50 Mbps, 100 Mbps, 150 Mbps, 200 Mbps, 300 Mbps
  • Pricing varies by distance (from ≤5 Kms to >500 Kms) and bandwidth

Regulatory Changes

Partial modification to section I C. of Exchange circular NSE/MSD/67754 dated April 29, 2025, to include Sify Technologies Ltd. as an approved telecom service provider for WAN connectivity.

Compliance Requirements

For Members:

  • Must use ENIT online interface for all service requests related to Sify connectivity
  • Navigate through: ENIT > Membership > TCP IP Scenario
  • Follow NSE defined process for surrender requests through ENIT portal
  • Provide 30 days notice period post completion of 1 year contract

Payment Terms:

  • Non-recurring charges (NRC/OTC) payable 100% in advance
  • Annual recurring charges (ARC) payable quarterly in advance
  • One Time Charges: ₹20,000 per link (4-30 Mbps), ₹30,000 per link (50-150 Mbps), ₹40,000 per link (200-300 Mbps)

Contract Terms:

  • Minimum 1 year contract term
  • Early termination penalty: 100% of service fees for unexpired period of first 12 months
  • Billing quarterly in advance; no refunds for mid-quarter termination
  • Members responsible for in-building permission, road permit, ROW charges, and third-party permission costs

Important Dates

  • Circular Date: December 31, 2025
  • Effective Date: Immediate
  • Reference to Previous Circular: NSE/MSD/61119 dated March 13, 2024 (TNI ownership announcement)
  • Modified Circular: NSE/MSD/67754 dated April 29, 2025

Impact Assessment

Operational Impact:

  • Provides members with an additional telecom service provider option for WAN connectivity
  • Increases flexibility and choice in network infrastructure planning
  • May provide competitive pricing options depending on location and bandwidth requirements

Financial Impact:

  • Pricing structure based on distance and bandwidth with annual recurring charges ranging from ₹11,832 (4 Mbps, ≤5 Kms) to ₹21,10,100 (300 Mbps, >500 Kms)
  • Additional GST applicable on all charges
  • Members can evaluate cost-effectiveness against existing service providers

Infrastructure Impact:

  • Availability across all POPs enhances network redundancy options
  • Cross Connect and conventional wired options provide flexibility in deployment
  • OTC charges subject to case-by-case capex for non-connected sites

Impact Justification

Operational circular adding another telecom service provider option for members. Does not affect trading, compliance obligations, or market structure. Provides additional choice for network connectivity infrastructure.