BANGALORE, INDIA: With
3G spectrum ironing its way in, Indian telecos are more than ever cashing in on content delivery network (CDN) services market, which is amounted to be of Rs.1, 163 crore by 2010.
Indian content providers are looking for next-generation CDN platform, which can deliver high quality video, fast file download and live video broadcast to cope with the demanding growth.
Recently, Reliance Globalcom, a unit of Reliance Communications, has also tied up with Internap Network Services Corporation, a provider of end-to-end Internet business solutions.
Similarly, Tata Communications, a provider of new world of communications, joined hands with BitGravity, Inc., a next-generation CDN for interactive broadcasting.
Tata Comms makes a dent in CDN space
Tata Communications, which announced a strategic partnership with BitGravity in March 2008, has also invested $11.5 million in convertible debt in BitGravity, to give a boost to the former's value-added services offering.
Tata Communications has one of the largest Global IP networks and this is a logical move for us to enter into the CDN market. With more than 300 points of presence worldwide, Tata Communications now offers the first truly global CDN service on a state-of-the-art, single ASN global IP network throughout Europe, Asia, North America and India.
Hon Kit Lam, director-IP Product Development, Global IP & VPN Services, Tata Communications, said: "Tata Communications wants to grow its actual portfolio of services by adding higher value managed services, in order to fulfill the evolving needs of its customers. CDN is a service that complements well our actual IP services portfolio. This is a major milestone in our strategic initiative to offer unparalleled managed services globally."