The tie-up aims to ignite network optimization market opportunities across China.
China Communications Services Corporation Limited (China Comservice), China's largest integrated support service provider for telecommunications sector, and Bytemobile, an industry leader in mobile video and WEB optimization, recently announced to form a joint venture in Shanghai to address opportunities in the burgeoning network optimization market in China. The new company (hereafter “JV”) will focus on the rapidly growing market of network optimization, providing tier-one network optimization products and services for operators.
"To embrace the coming 3G, mobile Internet and 4G/LTE era, communications operators are eager for products and services or total solutions in network optimization," said Li Ping, Chairman of China Comservice. "By taking advantages of the nationwide market and service system with solid localized service and support capability of China Comservice, and the world leading technology and solution of Bytemobile for wireless data optimization, this new JV will strengthen its cooperation with partners such as communications operator, equipment manufacturer, and software developer, to provide integrated customer-tailored network optimization solutions and create more values for customers."
"Bytemobile is the first provider delivering data optimization solutions to mobile operators around the world," said Hatim Tyabji, President and CEO of Bytemobile. "Nowadays Bytemobile solutions are installed in 125 operators in 60 countries. Being in Mainland China for more than five years, Bytemobile has always committed itself in providing mobile Internet, data acceleration and video optimization services for operators such as China Telecom, China Mobile and China Unicom. We expect that the JV with China Comservice can offer communications operators more comprehensive and flexible, safe and reliable platform and service of adaptive optimization."
According to some industry research reports, wireless data traffic in China is expected to increase by about 40 times from 2011 to 2015. The demands of wireless data optimization are gradually growing among communications operators, according to a China Comservice report.
The JV is estimated to start business after obtaining relevant approval later this year.
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