The company was started by Lt Col Hardeep Singh Bedi an ex-army man.

Realizing the very wide spread of the country and the inability of copper to be used as a medium for connectivity, Tulip focussed on using wireless for the last mile.

The company's customers includes AT&T, Orange Business Services, IBM, HP and UIDAI.

The Winding up has been stayed by the Honourable Division bench of Delhi High Court on the grounds that this is a core infrastructure company.

The Banks appointed top global auditors and the assets of the company were valued by them at Rs 3000 Cr.