SPIRIT DSP, the world's leading voice and video over IP engines provider which has collaborated with the Reliance Jio recently to offer voice and video calls over its LTE network across the country has said that AT&T's announcement to buy a 25 percent stake in Indian telecom service provider for $3.5 billion is significant milestone.
“This acquisition underscores the great opportunity for the largest service providers to look beyond their boarders to capitalized on entering new growing markets for LTE expansion," said Andrew Sviridenko, SPIRIT’s Chairman.
It said that the move reflects on the movement by the largest telecom service providers to see greenfield opportunities in parts of Asia regions that have been slow to deploy LTE.
SPIRIT DSP said AT&T's planned investment into Reliance Jio, given its huge spectrum acquisition, is an obvious indication of AT&T's interest in propelling the currently lagging LTE market in India.
Currently, Reliance Jio is the only owner of pan-India BWA spectrum through winning License for Broadband Wireless Access (BWA) Spectrum in 22 circles across India, auctioned by the government in 2010. Reliance plans to invest around Rupees 500 billion in LTE deployments.
Reliance Jio recently partnered with SPIRIT DSP to offer voice and video calls over its LTE network across the country. AT&T also licensed SPIRIT DSP's voice engine, which works at the heart of AT&T's popular Connect web conferencing service.
Recently government has allowed 4G operators with ISP licences to offer voice services. They can do so after paying Rs 1,650 crore to the government. Reliance Industries controlled by Mukesh Ambani will immensely benefit from this.
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