mPhase Technologies announced an agreement naming
NewFont Inc., a business and market development firm, as an authorized reseller of the company's IPTV solution in the fast growing Indian market.
NewFont Inc. has extensive experience representing U.S.-based companies to cable, telco and utility firms in the developing world, including India and elsewhere in Asia, North Africa and the Middle East. NewFont will be primarily responsible for helping mPhase expand its reach into a new market for the company's TV+ System.
Hong Kong-based Media Partners Asia Ltd (MPA) reported last month that the Indian market for multichannel video (cable, DTH, IPTV) could grow from about 65 million in 2005 to 104 million by 2010 and 125 million by 2015. Based on the company's analysis, IPTV service revenue would account for a $240 million share in an $8 billion Pay TV market in a decade.
"We are fortunate to recruit a knowledgeable and experienced firm like NewFont to develop new sales opportunities for us in this promising market," said Ronald Durando, mPhase's chief executive. "The IPTV market is ready to take off and having NewFont on board to win business in a new market like India is a component of our growth strategy."
George R Steenton, president of NewFont, said: "mPhase produces an excellent and cost-effective IPTV solution that is ideal for generating new revenues for telecommunications firms. We are delighted to add mPhase's telco solutions to our broad portfolio of products for the Indian telecommunications market."
The mPhase TV + System is built around innovative cluster architecture and offers key advantages to telecommunications providers, including:
- Improved maintenance environment, with links to industry-standard operations support systems, including element management of IP traffic
- Compatibility with industry standard services creation environments
- high degree of reliability to protect against network failover
- Unprecedented scalability, capable of growing to hundreds of thousands of users