Financial Daily from THE HINDU group of publications
Thursday, Nov 04, 2004
Financial Daily from THE HINDU group of publications Thursday, Nov 04, 2004 |
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Info-Tech
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Telecommunications Asia-Pacific mobile alliance Our Bureau
New Delhi , Nov. 3 BHARTI Tele-Ventures along with six other mobile operators in the South-East Asian region have formed a joint venture company called Bridge Mobile Pte Ltd with an aim to create a common regional cellular infrastructure. The mobile alliance, which comprises of Globe Telecom of the Philippines, Maxis of Malaysia, Optus of Australia, Singapore Telecommunications, Taiwan Cellular Corp and Telkomsel of Indonesia, will also undertake joint development of products and services. The seven operators will each subscribe for an equal number of shares and hold one permanent board seat in the joint venture company. The Bridge Mobile Alliance will invest up to $40 million over three years. "Based in Singapore, it will be the largest mobile joint venture in the Asia-Pacific market and is expected to be operational by the first quarter of 2005," a statement from Bharti said. Other mobile operators as well as strategic partners such as technology and applications vendors will be offered membership in the alliance. To begin with, Bridge will build a shared regional infrastructure to enable service provisioning on a regional basis, provide a suite of mobile services including improved voice and data roaming services and other joint product development initiatives. Bridge will also promote common mobile applications and standards across the partners' markets.
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