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[March 27, 2012]
Hungama and Vringo Launch Video Ringtone Service on Tata Docomo in India
Mar 27, 2012 (Close-Up Media via COMTEX) -- Vringo, a provider of software platforms for mobile social and video applications, announced that, through its content and services collaboration with Hungama Digital Media Entertainment, it has launched its video ringtone service with Tata Docomo, a telecom service provider in India.
In a release, the Company noted that Tata Docomo was the first operator to launch Vringo's video ringtone service for its GSM subscriber base in India across 18 Circles. Under the new agreement with Tata Docomo, Vringo's video ringtone service will be made available to its GSM subscribers in India for 1 rupee per day, or approximately $0.80 per month.
Vringo's video ringtone software is designed to allow users to create, download and share mobile video content that is specific to various regions of the world.
"We are pleased to be working with Tata Docomo as we bring our exciting video ringtone software to the mobile market in India," said Andrew Perlman, Vringo's CEO. "We are strengthening our relationships around the region due to the sizable market opportunities of the fast-growing mobile user base in South Asia." Hungama, which distributes the Vringo service in India, made the introductions between Vringo and Tata Docomo. Hungama is a source of digitally available Bollywood and South-Asian entertainment content. Vringo is adding content from Hungama to its video ringtone content library and is sharing revenues from the content with Hungama.
"We are excited to bring Vringo's innovative video ringtone technology to all the service providers in India. The Indian mobile industry is at an inflection point and services such as these will become popular as all the Indian mobile service providers will offer better infrastructure and data speeds to their subscribers in the next 12 to 18 months," said Neeraj Roy, MD and CEO, Hungama. "This new partnership will leverage our powerful content and bring it directly to the millions of fans of Bollywood content throughout the region." Gurinder Singh Sandhu, Head Marketing, Tata Teleservices Limited, said, "Vringo is a key innovator in the mobile social and video arena, so we couldn't be more excited to work together on an innovative mobile video ringtone service that leverages our powerful mobile network in India. We believe the Vringo service, with the customized Indian content by Hungama will have mass appeal throughout India, especially amongst our growing network of high-speed 3G subscribers." Tata Teleservices Limited is a telecom service provider.
Vringo is a provider of software platforms for mobile social and video applications.
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