RCom to launch videoconferencing services

The company planning its global videoconferencing foray through Reliance Globalcom, the international umbrella organisation, which already has Internet protocol-enabled optical fibre network across the globe. The company is looking at hosting over 2 million simultaneous videoconferences across 70 countries covering 6 continents, according to sources close to the development.

RCom, which is already providing videoconferencing services in over 105 cities in the country, is also expanding its presence to 105 cities by the end of the financial year. The group had earlier entered into tie-ups with over 1,000 corporates, who are using the facility from Reliance World Stores.

The company is also providing managed videoconferencing services to customers in the country.

When contacted a RCom spokesperson said: "The fast growing global potential of videoconference services provides interesting opportunities to expand our service portfolio using the fully-IP enabled 65,000 undersea cable network connecting 40 top business centers of the world". He, however, declined to comment on the company's specific plans in the VC business.

The present size of global videoconferencing industry is estimated to be around $11 billion (Rs 44,000 crore). In India, the videoconferencing market is growing at over 50 per cent on a year-on-year basis.