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TCM Mobile has signed a memorandum of understanding with Ganton Limited to deploy a commercial cellular VoIP network in India using TCM's proprietary technology.
"This will be the world's first commercial network to utilize TCM's patented telecommunication technology (based on VoIP), and will be rolled out to an initial 500,000 subscribers with a project capex of US $300 million dollars," wites IntoMobile's Ben Robinson. "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," says Ganton CEO Sanjiv Kapoor. "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."
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