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Virtual PBX Provider Puts Money in Expansion

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Virtual PBX Provider Puts Money in Expansion

 
May 01, 2015

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  By TMCnet Staff
 


Videocon Telecom recently announced its plans to invest nearly $65 million to expand its network, with intentions to invest more than $220 million over the next three years in 4G services. With this announcement, Videocon joins the growing list of telecoms that have gotten the message—innovate or get left behind.


This was simply a preliminary announcement, as none of the figures are final but the dice have been cast, so to speak, as some services have already been rolled out. The investment would aid Videocon in offering bulk messaging solutions, fiber-to-home services, audio/video conferencing, virtual phone number solutions, as well as virtual PBX (News - Alert).

Videocon Director and CEO Arvind Bali told Businessline, “Our aim is to look at incremental customer addition. We are also planning to take our data contribution to 15 per cent of gross revenues by end of FY16.” Videocon has expanded its presence into three new areas, which make up an additional 3.5 million subscribers to its already healthy base of 10 million.

The enterprise communications market offers the prospect of great prosperity, as major players like ShoreTel (News - Alert), RingCentral, Alcatel-Lucent and others seek to improve their portfolios. 

A company here in the United States setting its sights on the enterprise communications market is Nextiva, with its complete portfolio of offerings including business phone service, hosted PBX, SIP Trunking and call center solutions.

Rated No. 1 in a recent GetVoip study, Nextiva’s solutions offer high reliability, functionality and are easy to use. Solutions available today transform business operations into more seamless and collaborative processes.

When it comes to Virtual PBX, functionality and quality have improved greatly over the years. Demand is continuing to experience growth, and innovation is moving at the same fast pace—the competition in the space is fierce. Players in the space like Videcon and Nextiva are choosing to suit up and show up, which should pay dividends. 




Edited by Rory J. Thompson
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