![]() Financial Daily from THE HINDU group of publications Tuesday, Sep 06, 2005 |
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Info-Tech
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M-Commerce Jataayu sees robust mobile value-added services market Our Bureau
Bangalore , Sept. 5 THE country's mobile VAS (value added services) infrastructure market accounts for 10 per cent of the total sales, and is presently at Rs 100 crore. Talking to Business Line, Mr Mahesh Jain, Managing Director, Jataayu Software said, "Worldwide, by 2009, mobile VAS will account for 25 per cent to 30 per cent of the total value of what operators generate." Jataayu Software is a Bangalore-based VAS infrastructure and mobile terminal solutions provider that offers solutions to cellular operators, handset manufacturers and hardware design vendors. With a head count of 270 in Bangalore and offices in the US, the UK, Korea and Singapore, Jataayu has remained a niche player in the mobile infrastructure market. Mr Jain also added that in 2-3 years, the number of mobile subscribers was predicted to reach 200 million. Jataayu Software has been named as one of the Red Herring 100 Private Companies of Asia. Red Herring is a US-based technology magazine on technology, innovation, financial strategies, important personalities and trends that are transforming the world of business.
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