Move to ignite telecommunications market opportunities as China Comservice to bring leading technologies, unrivaled industry expertise and access to serve China.
China Communications Services Corporation Limited (China Comservice), and Sybase, Inc., an SAP company and industry leader in enterprise and mobile software have recently announced the signing of an agreement to form a joint venture to address opportunities in the burgeoning China market. The new company, combining the leading technologies, unrivaled industry expertise and vast market access from both parties, will develop mobile Internet platform software and provide telecom operators, enterprises and government agencies, with first-class data management and analytics offerings, mobile device management and applications, mobile commerce and mobile Internet value-added services .
“To be successful in the China IT market, a company must have both the best-in-breed technology offerings and the broadest industry expertise and the market access,” said Li Ping, Chairman of China Comservice. “This joint venture will leverage the rich industry expertise, broad market access and strong local support of China Comservice to bring Sybase’s leading software solutions to customers in the country.”
China, with a population of 1.3 billion, has the world’s biggest number of fixed-line and mobile subscribers, as well as the largest fiber optic and mobile network capacities. By April 2011, mobile users in China reached 900 million, among whom 67 million were 3G subscribers. In this vibrant market, China Comservice is the largest provider of telecom infrastructure services, a leading provider of business process outsourcing services, and a provider of value-added service with great potential, according to a China Comservice report.
“For the past two decades, Sybase has been committed to accelerating China’s IT infrastructure growth, with a focus on the telecommunications industry globally and especially in China,” said John Chen, Chairman and CEO of Sybase. “Together with China Comservice, we are well positioned to bring to market the full set of Sybase’s leading enterprise-class technologies, including Sybase ASE, Sybase IQ, Sybase Unwired Platform and Sybase mobile commerce services.”
According to the IT Application Market 2010-2011 annual report by CCID Consulting, China’s leading IT research institute, Sybase claims 25.1 percent database market share in China’s telecommunications sector, ranking No. 2 among all software vendors.
The joint venture will start operations after receiving Chinese government approval expected later this year.
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