Myths and Realities of Wireless Industry
We would like to highlight the Myths and Realities in the Indian Wireless Industry. New entrants too focused on rural areas – DoCoMo witnessed the highest jump in proportion of subs coming from rural areas (11% in last two quarters) though still remains low overall (20% v/s 33% avg). Even…
Wireless Price Stability – End of Tariff War ?
The Telecom tariff war that began earlier this year from the new operators financed by dare devil bankers and private equity funds appears to be stabilizing. The reversal of traffic to the incumbents (after they matched tariffs, importantly) suggests that this round of action has gone to the incumbents, one…
Bharti Airtel Managements Views on African Wireless Business
The management of Bharti Airtel Ltd, led by Manoj Kohli plans to introduce affordability and high usage in its African portfolio which is currently a high price environment (with tariffs in some markets as high as Europe/US according to Bharti). We believe the current market environment in Africa is supportive….
Review of Bharti’s Airtel App Central Performance
In-line with Global Practices, App stores offered globally by handset and platform vendors, telecom operators and others, Bharti’s Airtel App Central was launched in Feb-10. Airtel Claims 2.5MM downloads in first month, 13MM in four months. Most apps downloaded are free (80-90% globally) .Small revenue opportunity for app store host…
Key Steps for Growth of Indian Internet
India with a second largest population of 1.1 Bn has just 6% of Indians connected via the internet. USA is ranked 28th in the world in connection speeds with a speed of 5 .1 Mbps while India is still struggling with 256 kbps as broadband and adding to the woes…
Dark Night Before Dawn – Signs of the Light
Indian competitive situation should improve as players focus on repairing their balance sheet. Tariffs have moved up in a few cases. Bharti’s African acquisition is now complete. Sentiment should move up as management unveils the details of their African Strategy. Despite strong competition, Bharti has lost less than 120bps revenue…
Jeevansaathi converting 15% profiles into Paid Customers
Jeevansaathi.com the Match making website from the Info Edge group unveiled that it added 1,646 profiles during the quarter ended June-10. The company was able to convert 15% of its new customers into Paid ones generating a revenue of $ 1.2 mn. Jeevansaathi at the end of June-10 quarter had…
Uninor Gaining Traction – Too Early to Decide if it Can Sustain
Uninor – the JV between Unitech and Telnor reported an operating loss increase of 19% sequentially to USD220m. Despite rising operating loss (cumulative operating loss at cUSD570m), the company maintained its capex guidance. Revenue for the quarter increased sequentially by 84% to USD16m, but not enough for the company to…