The deal will see the company’s ZipT VoIP application incorporated into SpeedCast's SpeedTalk portfolio of voice products and services. ZipT facilitates free text messages and international calls to other people with the app, in a similar fashion to applications such as Viber, WhatsApp or Skype.
However, ZipTel says ZipT differs from these services as it is designed specifically to operate in areas of low bandwidth, using up to 80 per cent less data than other mobile-based calling apps. The company claims the service can function with speeds as low as 8kbps, making it attractive to SpeedCast’s customer base.
“This agreement substantially enhances the global distribution of the ZipT product and will bring a significant and steady revenue stream for ZipTel,” said Bert Mondello, co-founder and CEO of ZipTel.
“Furthermore, it provides third party endorsement and validation of our product for the consumer and enterprise market.”
According to ZipTel, SpeedCast has been testing ZipT in several field locations in the Asia-Pacific region at a static rate of 10Kbps, including Australia, Papa New Guinea, Indonesia, Thailand, and Malaysia.
“We are continuously seeking cutting-edge products to meet the unique requirements of our customers,” said Andrew Burdall, VP of strategic business development at SpeedCast.
"We are pleased to partner with an innovative company like ZipTel, and to be able to offer our customers a superior product and platform, which enables the ability to communicate with anyone, globally, at reduced costs. This new application will be a valuable addition to our comprehensive suite of communication products.”