Business Standard
Friday, Jun 01, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||||||Technology| 
 Section Home | News Now | Features & Analysis | IT/ITES | Telecom | Hardware | Columnists | Gadgets & Gizmos
Home > Tech World Live Markets | Commodities
 

SatNav in talks with 4 telcos for navigation solution
BS Reporter / Chennai/ Hyderabad Apr 09, 2009, 00:23 IST

SatNav Technologies, a Hyderabad-based provider of navigation and global positioning system (GPS) technologies, is in talks with four major cellular operators – Airtel, Vodafone, Idea and BSNL – to offer its LCU (Lost? Need Directions? Call Us!) voice-based navigation direction service.

“We expect to forge revenue-sharing agreements with the four telcos and reach out to about 360 million mobile users in India within three months from now,” Amit Kishore Prasad, founder, managing director and chief executive of SatNav, told mediapersons here on Wednesday.

 
LCU, a patented technology, is the latest variant of SatNav’s GPS navigation product SatGuide. The technology helps users get turn-by-turn directions with landmarks and distances on their phones by voice or SMS. The company has launched prepaid vouchers, which allow phone users from any telecom provider to get connected to a live trained agent.

SatNav, earlier a part of Satyam Computer Services Limited before being spun off into an independent entity in 2004, started the alpha phase of LCU in Hyderabad last August with 3,000 navigation enthusiasts and later extended the testing to Delhi, Mumbai and Bangalore. The beta phase testing started in November 2008 with 5,000 users.

Reliance Communication, which is already piloting LCU in Andhra Pradesh since February 2009 apart from Karnataka, Maharashtra, Delhi and the National Capital Region, has launched the service across the country. "The service will be offered to our over 56 million subscribers pan-India with a short code 56994 effective today,” said Swaminathan, regional head (Andhra Pradesh and Karnataka), Reliance Communications.

With maps covering about 1.5 million points of interest (PoIs) in over 200 cities and a million kilometres of road network in India, SatNav plans to soon make available the prepaid vouchers across 300 retail stores including Croma, Staples, eZone and HCL DigiLife with which it has tied up, to start with. “Our goal is to have 1,000 stores by 2010,” Prasad said.

SatNav reported revenues of Rs 6 crore last year and expects to close the current financial year with Rs 16 crore on the back of enhanced retail presence and distribution network.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets post worst May performace since 2006
- Kavveri Telecom Q4 net declines over 6%
- Wall Street opens flat on economy worries
- RIM to set up first BlackBerry innovation zone in India
- Rajaratnam bragged about sources of inside info: Gupta lawyers
  Read Business news in 
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Watch The Film Here. Click here to know more..
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Bharat Bandh sussessful in Chhattisgarh
- Toyota launches financial services, to invest Rs 260 cr
- Sebi plans data format change for FII reports
- Kiss the sky
- Tata Motors skids as margins dip at JLR
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us