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Brief
Voxtel forays into India
Voxtel Telecom, a part of the $500 Million UK-based BEIL (Binatone
Electronics International Limited) Group, has forayed into the $18 Billion Indian
Telecom equipment market with GPS based Personal Navigation Devices and VoIP
Internet Phones.
Addressing a Press Conference, Dino Lalvani, Chief Operating
Officer, Voxtel Telecom said, India is emerging as a dynamic market for
advanced technology products, especially in the backdrop of robust growth in
the Telecom, Retail & Automobile sector. Voxtel wants to be at the forefront
at this juncture by providing the Indian consumers the latest in design and
technology and to start with we are offering a gamut of advanced technology
products which includes Digital Cordless Phones, VoIP Phones and high performance
GPS Personal Navigation Devices (PND).
Announcing their India expansion plans, Lalvani said, We
are looking at India as a strategic hub to funnel our growth plans in the Asia
Pacific and Middle East regions. We are in the process of expanding our Bangalore
facility to be a state of the art R&D center to cater to our global requirement
of software services and research work.
Sat Murthi, International Sales Director, Voxtel Telecom
added, Voxtel plans to spend $5 million in its brand building and expansion
of its network to appoint 75 distributors and 7,000 dealers by end 2008. To
further speed up its marketing operations, Voxtel has already entered into strategic
tie-ups with all the major retail chains and telecom operators across India.
Voxtel foresees a huge market for VoIP Internet telephones
in India as cost-effective calls are demanded by end users. Spearheading the
GPS PND division of Voxtel, Shyam Sunder noted, India with its exploding
car population aided by rapid urbanization, needs Personal Navigation solutions.
This market requires innovative approaches in product marketing and distribution.
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