Posts tagged telecom-revenue
One Lakh Crore revenue from Value Added Services by 2020
0576 days
by Gourav Sharma
in vas
The prospect of Value Added Services ( VAS ) becoming a huge industry with a turnover of Rs 100,000 crores annually by 2020. According to OnMobile Chairman and CEO Mr. Arvind Rao VAS would be a “transformational force” and even by 2015 when its turnover would rise from Rs. 15,000 crores now to Rs 50,000 crores it would be a larger industry than advertising or media.
Over 2.5 lakh villages would be connected to wireless broadband and 3G by 2012 enabling them to access the whole range of value added services, said Department of Telecom Secretary Sh. P. J. Thomas inaugurating the conference.
From ringback tone the next big money spinner for the telcos would be Mobile VAS, Mr. Rao said. Initially VAS was providing only 10 per cent of the revenues for telcos, within this decade the situation (more…)
Bharti Airtel international will Invest $100 Million In Malawi
0594 days
Bharti Airtel, who became the world’s fifth largest mobile player With recent acquisition of Zain Telecom’s African business is now planning to invest over US$ 100 Million in the Malawi telecommunication industry in the next three years. Company has also revealed that by this investment and business plan it targets to achieve 100 million subscribers and $5 billion revenue by 2012-13. Bharti Airtel now owns 100 percent of shares in Zain Malawi.
“We plan to invest $100 million in Malawi in the next three years to improve coverage and reach out to Malawi’s rural farmers and help the country’s economy grow,” said Manoj Kohli, chief executive officer, Bharti Africa in in the Malawi’s capital Lilongwe
Kohli also revealed the company’s wish to improve local call rates to at least 250 minutes. Malawi currently hovers around 40 minutes of talk time for users. In India, he referenced, subscribers utilize between 400 and 500 minutes per month. (more…)
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