ZIP ZipTel Secures Cornerstone Enterprise Agreement with Leading Global Satellite Network Service Provider
Highlights
MOU signed with ASX-listed company SpeedCast International Limited (ASX:SDA), a leading global satellite communications service provider
SpeedCast to use ZipT technology and infrastructure under ‘white label’ to provide telephony solutions to its users worldwide
ZipT’s ability to function in low bandwidth environments utilising extremely low data consumption enables a telephony solution to be provided to remote access satellite locations and networks across the globe
Option for SpeedCast to wholesale application to other satellite providers
ZipTel to deploy a satellite-based calling and messaging solution with a promise of significantly reduced rates compared to traditional satellite-based call rates
Agreement concluded after testing by SpeedCast of the ZipT product in low bandwidth remote areas
Represents a landmark agreement and exclusive partnership for ZipTel in the enterprise sector
Revenue framework has been agreed, specific metrics to be finalised in the coming weeks upon which this agreement will be revenue generative for ZipTel
Opens up a number of new commercial opportunities in the business-to-business sector complementing the impending ZipT consumer product being available for public download
ZipTel
