TCM Mobile and Ganton Deploy First Commercial Cellular VoIP Operating Network to Utilize TCM’s Revolutionary in India
TCM Mobile and Ganton to Launch First Cellular VoIP Network in India
MOU signed to utilize TCM’s revolutionary telecommunication technology
TCM Mobile LLC (tcmmobile.com) announced today it has signed an MOU with Ganton Limited (ganton.in) to deploy a commercial cellular VoIP operating network in India. This will be the world’s first commercial network to utilize TCM’s revolutionary, patented telecommunication technology, and will be rolled out to an initial 500,000 subscribers with a project capex of US $300 million dollars. The specific operating territory is currently being designed and will be announced in the coming weeks.
“The Indian Market offers an immense opportunity not only for generating revenue for our organization, but also offers significant value additions in terms of image enhancement of the existing service providers”, said Sanjiv Kapoor, Ganton Chief Executive Officer. “The launch of this revolutionary network will contribute greatly towards the GDP growth of India, in line with our National Telecom Policy’s key objectives. This forward looking, technically advanced network will help create an international image in the eyes of various investors worldwide for the Indian market,” continued Mr. Kapoor.
Ganton Limited is a multinational technology company with offices in India, the United States, UK, Sweden, Switzerland, Romania and Hong Kong, having a net worth in excess of US $500 million dollars. Its Indian subsidiary is headed by Sanjiv Kapoor, Chief Executive Officer, who has been instrumental in launching various technology projects throughout India, and has worked with very large Indian and multinational corporations.
TCM Mobile has developed a revolutionary, patented “cellular” technology which delivers all forms of mobile telecommunication services such as Voice, Data and Location-based Advertising (“Pop Up” format) and Pinpoint Location functionality via one mobile device.
As part of the venture, Ganton Limited has introduced Chinese telecom giant ZTE Corporation to expand upon its existing supplier relationship, and negotiate to provide all related telecom equipment for the build-out and deployment of the operating network. As one of the first Chinese telecom equipment providers to pursue business in overseas markets, ZTE has about 50,000 employees around the world with revenues exceeding US $8 billion dollars. It has established commercial partnerships with over 500 operators in Asia Pacific, South Asia, North America, Europe, Latin America, Africa and the Commonwealth of Independent States.
Together, TCM and Ganton will soon establish the first ever cellular mobility VoIP network in India, and will contribute not only towards enhancing revenue for the overall Cellular industry, but also towards realizing India’s revised subscriber target of 900 million by 2012, increasing the Indian consumer’s confidence in its service providers along the way.
