Tata Teleservices and Tata Infotech have joined hands to set up a wireless application laboratory at IIT-Mumbai. The two sides signed an memorandum of understanding (MoU) to this effect.

The two companies would explore and develop a range of innovative applications starting from speech & script recognition software, video streaming, ATM-based applications and entertainment-based mobile applications such as sports and news updates.

S Ramakrishnan, managing director of Tata Teleservices, said in a press release, "The decision of the two companies to tap group synergy is set to benefit the customers of both companies. The various hi-tech wireless data applications, jointly developed by the two companies would enable us to service a range of entertainment and productivity needs for our customers."

Charles Antony, COO, Tata Infotech, said, "The firm is happy to partner Tata Teleservices and will also work with IIT-Mumbai towards enhancing the virtues of wireless technology, leading to increased value delivery to our customers."

Tata Teleservcies and Tata Infotech would also look at content development in a bid to stay ahead of the competition.

Tata Teleservcies has been promoted by Tata Industries and offers both basic and cellular services under the Tata Indicom brand.