Creating and selling a computing device for an Internet market that is struggling to grow is expensive. Novatium Solutions, which sells networked thin clients through wireline telecom operators , has sold a minority stake to Ericsson India. In the past, Novatium has raised venture capital investment from NEA, and prior to that, funding from Rajesh Jain's Emergic Ventures. While the amount of investment has not been disclosed, or the stake sold, note that Ericsson has board participation and the company release mentions this as a strategic investment. The strategic importance of Ericsson coming on board for Novatium cannot be overstated, since the stake is being acquired by a managed services company with deep linkages with telecom operators. Ericsson India claims a pan India presence with over 34% market share, providing mobile networks to all major telecom operators: Aircel, BSNL, Bharti Airtel, Idea Cellular, Vodafone, MTNL, Reliance Telecom, Tata Teleservices and VSNL. Earlier this year, Ericsson announced an extended partnership with Bharti Airtel, India's largest telecom operator, for the upgradation of Airtel's network in 15 of India's 22 telecom circles, for providing base stations, network, making Airtel's network 3G ready. After high speed wireless broadband networks are rolled out, and 3G and BWA services launched over the next year, the focus will be on devices for consumption of broadband. This is where Novatium could come in, as a service that Ericsson offers to (or through) its telecom operator clients, pushing Novatium's PC-as-a-service concept. In a company statement, Novatium CEO Alok Singh…
- Here’s everything to know about Starlink’s plan to conduct trials in India in 2021 November 30, 2022
- Summary: TRAI seeks feedback on issues related to implementation of caller name display November 30, 2022
- 692% Rise In Use Of Face Recognition For Verification: UIDAI Report November 30, 2022
- SC Orders Committee to Assess Govt’s Adoption of Online Child Safety Measures November 30, 2022
- Indian Army train birds of prey to take down border-crossing drones November 30, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...