Indian telecom company Globe7 (HK) Ltd has opened new regional offices in Hong Kong’s Cyberport to bring cutting edge global communications technologies and consumer products to Hong Kong, Mainland China and the wider region.
To coincide with the opening of the offices, Globe7, a subsidiary of the Indian-based Northgate Technologies, has launched two new innovative services. The ‘Wireless Internet Phone’ (WIP) and the ‘Internet Storage Phone’ (ISP) seek to facilitate competitive global communications by offering unlimited international dialling to any telephone number in twenty-five listed countries.
Effectively converting every laptop into a mobile phone and every desktop into a second telephone line, Globe7’s coverage of the major international markets includes Australia, Canada, China, France, Hong Kong, Japan, Malaysia, the UK and the US.
Managing Director and CEO of Northgate, Venkat S. Meenavalli, stated: “We plan to use Hong Kong as a hub for future product and service expansion related to the internet and online gaming sectors. We consider the Asia Pacific region a major growth market for our company.”
Acting Director-General of Investment Promotion at Invest Hong Kong, Simon Galpin, welcomed the company’s decision, saying: “The demands of a service-based economy combined with a competitive telecommunications environment in Hong Kong have created a sizeable market. Consumers here encourage product innovation and the market is often used as a test-bed for new products in the region. I am confident that Globe7 will find attractive business opportunities in the city.”
Northgate Technologies is a technology company with extensive R&D facilities located in Hyderabad, India. A key player in the global telecom and Voice-over Internet Protocol (VoIP) market, it has an established presence in the areas of wholesale, prepaid, postpaid, refilling and hubbing of large volumes. The company made its foray into the VoIP sector by launching Globe7 in 2005, the first ever globally patented SIP VoIP Phone.
A comprehensive report in our Intelligence Report series examining offshore e-commerce and online gaming is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report6.asp
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