Bytemobile, Inc., the industry leader in video optimization and Smart Capacity™ solutions for mobile network operators, and China Communications Services Corporation Limited (China Comservice, SEHK: 0552), China's largest integrated services provider for the telecommunications sector, today announced the formation of a joint venture in Shanghai to address opportunities in the burgeoning network optimization market in China. The new company will provide best-in-class traffic management and data optimization solutions and services to operators throughout the country.
Over the past 15 years, China has built an extensive mobile infrastructure that now supports the largest subscriber base in the world.
According to recent industry market forecasts, operators in China will soon:
• Experience strong mobile growth toward one billion subscribers
• Develop a rapidly growing market for 3G services
• Begin LTE trials and introduce locally developed handsets to rival the Apple iPhone
• Shift toward increasingly data-intensive applications such as video
"The need to address next-generation mobile networks and the rapid adoption of high-bandwidth data services has generated growing demand for network efficiency tools such as video and web optimization in China,” said Li Ping, Chairman of China Comservice. “Operators are hungry for products and services in this space. Our joint venture will leverage the rich industry expertise, broad market access and strong local support of China Comservice to bring Bytemobile's leading traffic management solutions to customers serving all provinces.”
“To date, Bytemobile solutions have been deployed in the networks of more than 130 operators in over 60 countries," said Hatim Tyabji, chairman and chief executive officer of Bytemobile. "We have had a market footprint in China for more than seven years, with deployments at the provincial operating companies of China Telecom, China Mobile and China Unicom, and our own research and development center in Beijing. Together with China Comservice, we are well positioned to continue broadening and deepening our leadership in the region."
The joint venture will commence operations after receiving Chinese government approval, expected later this year.
Bytemobile – Smart Capacity at the Core™
Bytemobile® Smart Capacity™ platforms give mobile operators more control of existing network resources to manage escalating subscriber demand for capacity due to video and other bandwidth-intensive content and applications. With Smart Capacity, mobile operators can defer costly network capital expenditures and control operating expenses, while improving revenue growth and profitability. Bytemobile is the industry leader for video optimization with over 40 operators under contract as of November 2011. To learn more, visit www.bytemobile.com.
Bytemobile, the Bytemobile logo, Smart Capacity, and Smart Capacity at the Core are trademarks, service marks and/or registered trademarks of Bytemobile, Inc. in the United States and other countries. All other trademarks, service marks and product names used herein are the property of their respective owners.
About China Comservice
China Comservice is a leading service provider in the People's Republic of China, committed to building word-class networks for the informatization services and providing integrated support services in the informatization sector, including telecommunications infrastructure services, business process outsourcing services and applications, content and other services. All the major telecommunications operators in the PRC, namely, China Telecom, China Mobile and China Unicom are customers and also shareholders. China Comservice also provides services to government agencies, telecommunications equipment manufacturers, corporate customers, and public customers. The company's service coverage is spread across the nation, and its business extends to over 50 countries and regions globally. For more information, visit http://www.chinaccs.com.cn.
Read more: http://www.benzinga.com/pressreleases/11/11/b2101369/bytemobile-and-china-comservice-form-joint-venture-to-drive-mobile-data#ixzz1d4osXwPC