SPIRIT DSP Comments on AT&T’s Planned Buyout of Indian Telecom Provider Reliance Jio
MOSCOW, Russia, Mar. 18, 2013 – SPIRIT DSP, the world’s #1 voice and video over IP engines provider serving more than 1 billion users in 100+ countries, comments on AT&T’s recent announcement to buyout a 25 percent stake in Indian telecom service provider Reliance Jio for $3.5 billion. 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.
“This acquisition move marks a significant milestone in the Indian telecom sector, and 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. 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. 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.
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.
About SPIRIT DSP
SPIRIT DSP is the world’s #1 voice and video over IP (VVoIP) engines provider. SPIRIT’s innovative carrier-grade voice and video software platform is used by carriers, OEMs and software developers, web services and social networks, serving more VoIP users than Skype. SPIRIT DSP software platforms serve more than 1 billion users in 100 countries. SPIRIT DSP software powers popular products from global technology leaders including Apple, Adobe, ARM, AT&T, Avaya, Blizzard, BroadSoft, BT, China Mobile, Dialogic, Ericsson, HP, HTC, Huawei, Korea Telecom, Kyocera, LG U+, Microsoft, NEC, Oracle, Polycom, Reliance Jio, Samsung, Skype, Texas Instruments, Toshiba, Viber, ZTE, among more than 250 other hardware and software manufacturers. SPIRIT’s direct OEM customers jointly exceed 60 percent of the global smartphone market share.
SPIRIT DSP’s mainstream product today is multi-point web videoconferencing software VideoMost, targeted at enterprise customers in partnership with telcos as SAAS service. SPIRIT offers its multipoint videoconferencing software products to carriers and system integrators around the world who are deploying high-demand cloud videoconferencing and mobile video calling services under their own brands. Videoconferencing services based on SPIRIT software help operators to gain extra revenue and effectively compete against Microsoft Lync and Cisco Webex offerings for the enterprise.
