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mTouche to Offer P2P Mobile Content in India with VASSoft.net
09 Dec 2009
mTouche Technology, a mobile content technology provider, has set up a joint venture company, mBit Infotech Pvt. Ltd, to launch peer-to-peer (P2P) mobile content platform for major Indian telecommunication service providers.
This new entity, which has been established with technology firm VASSoft.net, a wholly owned unit of Himenviro Environmental Technologies, will be a strategic vehicle to launch the mBit network with the Indian service providers.
The new entity plans to reach out to 500 million mobile users in India at a fee of Rs3 per day for the platform that allows them to share content files such as photos, video & music using mobile phones. The charge is in line with the market's average mobile value-added services rate in India.
The joint venture partner will invest up to US$1 million in the first phase to roll out the mBit P2P mobile content offering in India. mTouche Technology India has been evaluating the India market since the year 2006.
VASSoft.net and mTouche integration will combine the financial strength and VAS expertise and a fresh outlook to serve Indian market with unique P2P cum file share application and many more to come later on. The JV is strategically placed to benefit the Indian and Asian market as a whole.
mTouche's mBit network mobile solution is world's first P2P technology for mobile phones. Previously, P2P technology was only limited to fixed-wired networks.
Tags
mtouch, p2p mobile content, vassoft
Visit http://www.mbit.co.in/
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