Citigroup Venture Capital International-owned YOU Telecom, one of India’s largest private broadband service providers, has entered into a Joint Venture agreement with Malaysia’s wireless technology & VoIP major Red Snapper (M) Sdn Bhd. The joint venture, named YOUSnapper, will focus on providing wide area wireless connectivity on the edge of the YOU Telecom network.
YOU is a cable company with converged services ambition. While the world is moving towards adding Mobility to Voice, Video, Data services, very soon customers will look for nomadic and mobile options to access high-speed data and IP voice services. In this context, YOUSnapper’s WiFi access options assume significance.
Interestingly, India and Malaysia are both looking at wireless technologies to increase broadband penetration.
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