This is in addition to the acquisition of software services company Metamor Global Solutions, as part of its takeover of the US parent, Metamor Worldwide. Though PSINet director of India operations Prasad A Tumuluri declined to comment on the issue, saying no specific figures or plans had been frozen for India yet, sources told eFE that PSINet was considering an ISP presence in India either through the takeover of existing operations of an ISP, or entering into a joint venture. This, sources said, could be front-ended through a direct presence of the venture capital arm of the company, PSI Ventures in the country. "Everything is in a fluid situation.

We are currently evaluating a lot of things, but nothing has reached any finality. For now, we have just made these two investments related to India. What will be the shape of things to come, we cannot comment," said Tumuluri. PSINet also declined to comment upon the investment made in Netwala, but Tumuluri said it was a long-term deal, which had only started. Headquartered in Virginia, PSINet is a super carrier offering e-commerce infrastructure and Internet services through wholly-owned subsidiaries. Services are provided on PSINet-owned and operated fibre, satellite, Web hosting and switching facilities, providing direct access in 29 countries. The company also operates Internet data services in nine countries.