IOL Broadband, which provides IPTV content to public sector telcos MTNL and BSNL, has expanded its deal with MTNL to include Voice over Internet Protocol (VoIP) services. MTNL also has a tie-up with Aksh Optifibre for VoIP services, and BSNL has plans for VoIP as well. IOL Broadband is planning a capacity of 100 million minutes, which will be expanded to 1 billion minutes in two years time, and is also pushing video phones to broadband subs for teleconferencing, reports the Hindu. In January this year, IOL had raised Rs. 39 crores by means of a preferential allotment of shares to Qualified Institutional Buyers (QIBs). Prior to that, the company had received Rs 5 crore in investment from Bennet, Coleman & Co (BCCL) and Rs.7 crore from Maula Trading Co.

SEE ALSO: IOL Broadband Ties Up With BSNL For IPTV