Indian Department of Telecommunications Grants Unified License to RingCentral
September 15 2021 - 7:00AM
Business Wire
RingCentral will become the first global cloud
provider to offer Unified Message, Video, Phone services for global
clients with business in India
RingCentral, Inc. (NYSE:RNG), a leading provider of global
enterprise cloud communications, video meetings, collaboration and
contact center solutions, today announced that it has been granted
a Unified License that will enable the company to provide its
Unified Communications as a Service (UCaaS) and Contact Center as a
Service (CCaaS) solutions in India, and will make RingCentral the
first global cloud provider to offer fully compliant voice and
other unified cloud communications in the country. RingCentral will
offer global organizations of all sizes the ability to accelerate
their transition to the cloud by giving them access to
RingCentral’s Message Video Phone™ (MVP™) solutions globally,
including India.
“India is one of the fastest growing economies in the world and
a key strategic priority for us,” said Vlad Shmunis, founder,
chairman, and CEO of RingCentral. “The Unified License from the
Department of Telecommunications will enable us to provide our
unified team messaging, video meetings, and cloud phone system to
global organizations in India. We are extremely excited about this
opportunity and grateful to the Indian Department of
Telecommunications for the trust they have placed in us by granting
us this license.”
Before launching service, RingCentral will complete the buildout
of its domestic infrastructure in India, and work with the Indian
Department of Telecommunications to ensure all routine regulatory
requirements are met.
“This is a big win for RingCentral and gives them a major
competitive advantage,” said Blair Pleasant, President &
Principal Analyst of COMMfusion. “India is a complex market to
crack and this opens up an important market for the company. More
importantly, it provides new options for multinational
organizations planning to move their legacy communications to the
cloud and are looking to work with a leading UCaaS and CCaaS
provider.”
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of business
cloud communications and contact center solutions based on its
powerful Message Video Phone™ (MVP™) global platform. More
flexible and cost effective than legacy on-premises PBX and video
conferencing systems that it replaces, RingCentral empowers modern
mobile and distributed workforces to communicate, collaborate, and
connect via any mode, any device, and any location. RingCentral
offers three key products in its portfolio including RingCentral
MVP, a Unified Communications as a Service (UCaaS) platform
including team messaging, video meetings, and cloud phone system;
RingCentral Video, the company's video meetings solution with team
messaging that enables Smart Video Meetings; and RingCentral cloud
Contact Center solutions. RingCentral’s open platform integrates
with leading third-party business applications and enables
customers to easily customize business workflows. RingCentral is
headquartered in Belmont, California, and has offices around the
world.
© 2021 RingCentral, Inc. All rights reserved. RingCentral,
Message Video Phone, MVP, RingCentral MVP, RingCentral Video,
RingCentral Contact Center, Smart Video Meetings, and the
RingCentral logo are trademarks of RingCentral, Inc.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210915005402/en/
Jyotsna Grover jyotsna.grover@ringcentral.com (650) 513-8712
Ringcentral (NYSE:RNG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ringcentral (NYSE:RNG)
Historical Stock Chart
From Apr 2023 to Apr 2024