Aiming to be a leading India-based telecom equipment company, Telsima Corporation (Telsima) on Wednesday announced the commencement of its manufacturing operations from India for WiMAX technology-based equipments in India. The company also plans to expand its sales and support centre in Gurgaon, Haryana by April 2006 and aims 50 per cent of its sales target from India.
Telsima will offer wireless broadband access solutions that are based on innovative, high performing technologies that break price-performance barriers for the Indian operators.
Speaking at the launch, Dr Alok Sharma, President and CEO, Telsima, said, “Telsima’s mission – Next Generation Wireless and Broadband Solutions – is a reflection of our goal to provide end-to-end networking solutions for emerging markets like India, which is poised for quantum growth. Falling ARPUs of telecom operators also presents big opportunities for optimal, cost-effective telecom solutions like WiMAX here in India.”
Telsima had recently announced its Series C ($20 million) funding from leading VC firms like New Path Ventures, New Enterprise Associates, JAFCO Asia, CMEA Ventures and Intel Capital.
The Indian telecom market is growing at a rapid pace with tele-density reaching as high as 11 per cent (by November-end, 2005). With demand for affordable broadband services growing rapidly, Telsima sees a huge potential to offer telecom equipment solutions optimal for India and emerging markets such as those in Central/Eastern Europe.
Given this need, Telsima has pioneered the use of WiMAX-based solutions that will enable operators to deploy non-line-of-sight broadband wireless services in dense urban, suburban and rural environments in India, cost effectively.
Speaking on the company’s unique selling proposition Ruchir Godura, VP, Worldwide Sales, Telsima, said, “Tele-density in India has grown rapidly, but broadband penetration still lags behind that of comparable emerging economies like China. We expect broadband connections to rapidly grow in India to over 20 million by 2010. Given the lack of legacy copper plant, India is potentially the largest market for WiMAX as a primary access mechanism for broadband access. We aim to address the unique requirements of operators in India with world class products and technologies.”