U.S.-based enterprise telecom giant, Verizon Business, has secured regulatory licenses to provide long distance and international telecommunications services in India, according to a recent statement by the company’s Singapore branch.
Verizon Business sees significant potential in India’s fixed-line communications market, despite a decline in traditional telephone use last year, and believes that business services such as videoconferencing, which is already widely used in Asia Pacific countries, will be major drivers of growth.
You can sit in a room and have a high-definition meeting and it is like the person (who) is talking to you is in the same room, commented Verizon’s regional vice president for Asia-Pacific, Andrew Dobbins.
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