Telcos eyeing share of lucrative cloud, data center market: Report

NEW DELHI: After competing on mobile services battleground, telecom companies such as Jio and Bharti are keen to get a slice of the lucrative cloud and data center (DC) market, where they have partnered with global players and are looking to offer value-add services, according to a report.

India is turning out to be one of the favorite markets for the cloud ecosystem — Software-as-a-Service, Platform-as-a-Service, and Infrastructure-as-a-Service — given big talent pool, cost arbitrage and the nascent domestic market, said the report by BofA Securities titled `Telco wars: Now to Cloud/DCs’.