CounterPath Announces Distribution Agreement with TaraSpan
Gurgaon India, Nov 17, 2017
CounterPath Corporation (NASDAQ:CPAH) (TSX:PATH), a global provider of award-winning, over-the-top (OTT) Unified Communications (UC) solutions for enterprises and carriers, today announced that it has signed a distribution agreement with India-based TaraSpan, a leading Unified Communication solutions provider, to sell CounterPath’s Bria Stretto subscription services throughout India.
“India represents an important growth market within the Unified Communications space, and is a logical market in which to expand our global channel distribution network,” said Bruce Ford, VP Channel Management at CounterPath. “With TaraSpan’s varied portfolio of UC solutions and strong relationships with SMEs & large enterprises in India, we can enable organizations in India to enhance the productivity and reachability of their employees.”
According to research conducted by 6Wresearchi, the unified communications and collaboration market in India is anticipated to record CAGR of 12% during 2017-23. Among the verticals, banking, financial services and insurance (BFSI) registered the highest contribution in the Unified Communications and collaboration market, followed by education, government, public utilities and others. This continuous growth in the VoIP telephony segment is due to factors such as flexibility, lowering of operating expenses and portability. CounterPath’s Bria Stretto solution provides secure and reliable softphone communications, with a consistent user experience across all platforms and interoperability with most IP PBX platforms.
“This partnership will enable people at work and home to easily communicate at any time, on any device, over any network using their business phone number and also help enterprises to lower their operating costs and provides more freedom and connectivity to their employees,” said Nihar Ranjan Sahoo, MD, TaraSpan.