BUSINESS
Reliance Communications (RCL) will be launching mobile video streaming for the first time in India on Thursday.
MUMBAI: Reliance Communications (RCL) will be launching mobile video streaming for the first time in India on Thursday. It has made strategic alliance with UTStarcom for this purpose.
The official announcement will be held on Thursday, during Microsoft CEO Steve Ballmer’s keynote address, which will be hosted on a mobile phone in India.
The service can be used to transmit the video on to a large screen through the mobile device at a remote location at a much lower capex and cost.
Mobile video streaming is similar to a webcast and has a great potential for providing online video of popular event footage to millions of viewers on a mobile phone.
There are no independent estimates of the video streaming market in India but industry pegs its potential to be around Rs 300 crore per annum. The popular events and specific-interest events industry size in India is around Rs 10,000 crore per annum and money can be made through location sponsorships and advertising during mass media telecasts.
Even telecast of specific interest events have significant potential for mobile casting and the company is looking at targeting the same in a major way.
At present, around 50% of Reliance Communications subscriber base of 27 million has devices supporting video and audio streaming functionality. However, most handset models launched in India are likely to have video and audio streaming facility.
Experts said revenue stream in such cases can work on two models. The first one, where the event organizer pays a lump sum fee to set up a zone and providing access to a particular volume of visitors. A reverse model could be to charge access fee per subscriber.
Ahmedabad Plane Crash: Why did Gatwik-bound Air India plane crash? Was THIS snag reason...?
SA vs AUS: Temba Bavuma joins Rohit Sharma, becomes second captain to achieve rare feat in WTC Final
Mukesh Ambani's Reliance sells 35000000 shares of this company, earns whopping amount of Rs...
Ahmedabad plane crash: 5 students dead, many injured at medical college hit by Air India aircraft
Complete Little Pepe (LILPEPE) Buying Guide as Presale Kicks Off on June 10, 2025
Rabia Hora Makes History as First National Teen Indian Titleholder to Attend Cannes Film Festival
‘Bringing shame to India’ Viral post criticises Gujaratis abroad, sparks outrage
When two aeroplanes collided mid-air near New Delhi, because... killing...
Alia Bhatt to Alia Kapoor? Photo from a French hotel hints actress finally changed her surname
Ahmedabad Plane Crash: Home Minister Amit Shah speaks to Gujarat CM Bhupendra Patel, says...
Ahmedabad Plane Crash: All about Boeing-787-8 Dreamliner, plane involved in Air India crash
Ahmedabad Plane Crash: Gujarat CM Bhupendra Patel issues statement, instructs...
Ahmedabad Plane Crash: Air India pilot gave mayday call to Air Traffic Control before crash
Ahmedabad Plane Crash: Air India Chairperson N Chandrasekaran's FIRST statement out
Ahmedabad Plane Crash: 10 Most severe air mishaps in India, details here
What is Mayday call and why is it used by pilots during emergencies?
Ahmedabad Plane Crash: Air India releases FIRST statement, says...
Week after stampede at RCB victory celebration in Bengaluru, BCCI to take action on IPL's...
Who was Kamal Kaur? Ludhiana-based social media influencer found dead in her car in Bathinda
Sundar Pichai opens up about succession plan, reveals who will be next Google CEO, says it is...
Steve Smith creates history, becomes first non-English batter in 141 years to...
US President Donald Trump's BIG move after Elon Musk apologises, says, 'Very nice...'
Donald Trump's BIG announcement on trade deal with China, Beijing to supply THESE rare...
This man abandons work and marriage to live in..., calls it a dream life
DNA TV Show: What is Brigade 313 as Pakistan Senator Sherry Rehman admits Islamabad's terror past?