US-based telecom network software and services provider, Telcordia Technologies said on Wednesday its development centre set up at Chennai will cater to the domestic market and other countries of South East Asian region.
A senior official from the department of telecommunications (DoT) confirmed that Telcordia has been given 'conditional clearance' by the ministry of home affairs and MNP will be launched on January 20.
Telcordia and Syniverse Technologies were selected by DoT to implement MNP across the country. India was divided into two zones for the implementation of MNP, a service that would allow a mobile user to retain his phone number while shifting to a new operator.
According to a study by analyst firm Angel Broking, once the MNP facility is operational, mobile operators' average revenues per user, the benchmark of a telecom operator's financial strength, would get adversely impacted by around 5 per cent. Telecom companies' margins would also drop by 100-150 basis points and even earnings per share estimates would be pruned by 9-21 per cent.
The Department of Telecommunications (DoT) has selected NYSE-listed Syniverse Technologies as one of the two companies to implement mobile number portability (MNP) services in the country.
Many companies are now doing product development from India. There are a lot of products and applications being developed in India, which are suitable for this market.
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