Messages

46

SmartPhones & Apps / Unique Smart Phone Users Reach 450 Million

« on: July 06, 2020, 07:49:33 PM »

At the end of June-2020, India has 450m unique smartphone users. Though most industry reports (Nokia MBiTs Index, IDC tracker, etc.) provide handset shipment data, it is rare to find the data on the installed base.  There are over 100m JIO Phone users; in line with our estimate of 100m.

VOOT has 100m MAUs compared with 300m+ for market leader Hotstar.

JIO is setting up two data centres ? in Gujarat and Maharashtra, which will be operational by end-2020. This will house the enterprise cloud, which will run Microsoft Azure.

JIOGenNext, an incubator, supports 136 start-ups. Of these, 32 are in the fin-tech space. The others are in enterprise solutions, retail,
edtech, digital consumer services, media, IoT, agritech, health, logistics, network, social media and drones.

47

4G / LTE / Jio Platforms Stake Sale to PE Investors

« on: July 06, 2020, 07:41:49 PM »

Please find attached Data on Historical Private Equity Investments that has Flowed into Jio Platforms Ltd

Private Equity Facebook          Silver Lake Partners Tranche 1 Vista Equity Partners    General Atlantic       KKR          Mubadala          Silver Lake Partners Tranche 2 Abu   Dhabi Investment Authority TPG          L Catterton       PIF          Intel Capital       Google Total

Investment (INR Bn) 436 57 114 66 114 91 45 57 45 19 114 19 337.4 1520

Jio Platforms Stake 9.99% 1.15% 2.32% 1.34% 2.32% 1.85% 0.93% 1.16% 0.93% 0.39% 2.32% 0.39% 7.73% 32.97%

Last Update 16-July-2020

48

3G / HSPA / EVDO / Equal price hikes, unequal revenue delta

« on: July 06, 2020, 07:16:22 PM »

We are a little intrigued with the unequal revenue uplift across the top three telecom operators in India.

Vodafone Idea's weak print can be explained by the company continuing to lose subscribers, especially at the low end. VIL’s subscriber mix within the mid/high-end segments also seems to be deteriorating. What is particularly intriguing is that Jio's qoq revenue growth was similar to VIL’s and substantially below Airtel.

Jio's off-net traffic mix moved significantly in favor of incoming after the company’s move to charge explicitly for offnet-outgoing calls starting Oct 2019; this move would have yielded a significant jump in termination revenues for R-Jio (versus 2Q levels), in our view. Note that we are ignoring the revenue uplift on account of the explicit charging of offnet-outgoing calls itself. If we were to include this, the math would be even tougher to understand.

Smartphone LTE subs for Jio were perhaps flattish, 4Q over 2Q, or may have even declined. We note that Bharti added 33.2 mn smartphone LTE subs during this timeframe.

49

Cable / DSL Services / Wired Broadband is just 6% in India

« on: July 02, 2020, 01:38:49 PM »

A shift in consumer behaviour is underway in the wake of the lockdown and social distancing, which is leading to higher dependency on digital tools such as videoconferencing, collaborative applications, thereby driving up demand for telecom services.

Household penetration of home broadband in India is about 6% (as of 2019), vs. >50% for most developed markets and mainland China. We believe there could be an accelerated adoption of home broadband in India. In light of recent Covid-19 pandemic concerns, a significant portion of population is working from home. This change would help improve revenues owing to: a) higher data usage, b) faster adoption of home broadband, and c) subscribers upgrading to bigger data and telecom packs.

Adding to the Telcos benefit is the Online Classroom which is forcing Parents to get a Wired Broadband at Home for Children's Education which is the number one priority for most Indians.

50

4G / LTE / Mobile Broadband Subscribers Touch 661 Million

« on: June 30, 2020, 11:48:28 PM »

Indian Telecom Industry Mobile Broadband (MBB) subscriber adds stood at 7.7m in Feb 2020 (v/s 11.5m in Jan 20) to reach 661 million. Currently, MBB subscribers account for 67% (+70bp MoM) of the total active subscribers in the market. The healthy subscriber addition is attributed to 1.3m/6.3m adds by Airtel / Jio.

Airtel added 1.3m MBB subscribers (4.4m in Dec’19), lower than the monthly average of 3–4m, to reach a total subscriber base of 144m. Its subscriber market share contracted to 21.7%.

Jio registered 6.3m MBB subscriber adds (v/s +6.6m in Jan’20), lower than the earlier monthly average of 8–9m, taking the total subscriber base to 383m. Jio market share stood at 57.9% (+30bp MoM). We believe a higher proportion of adds could be ascribed to low ARPU Jio phone subscribers.

Vodafone Idea MBB subscriber additions turned positive, but lagged behind at 0.3m after witnessing loss of 0.5m/1.4m in Jan’20/Dec’19, taking the total subscriber base to 118m. Still, its market share shrank 10bp MoM to 17.9%

51

Smart Connected Devices / Xiaomi India CEO Manu Jain Salary + Smart Phone Sales

« on: June 27, 2020, 04:39:44 PM »

Mr. Manu Kumar Jain the CMD of had a Salary / Remuneration for FY 2019 of Rs 5.5 Crore and holds ZERO Shares in XIAOMI Technology India Pvt Ltd. His previous employment was with Jabong.Com.

Xiaomi India Pvt Ltd is a Fully Owned Subsidiary of Xiaomi Singapore Pte. Ltd

Xiaomi India Revenues for FY 2019 as Follows
 
Rs 31,450 Crore from SmartPhones
Rs 3,412 Crore from IoT & Lifestyle Products
Rs 149.5 Crore from Internet Services
Rs 2663 Crore from Other Services

If you want to have Digital Copies of all the Documents of Xiaomi India Pvt Ltd, you may touch base with us here

52

Technology / Bio-Security , Smart Cities & Smart Mobility

« on: June 20, 2020, 11:53:48 PM »

The coronavirus should also accelerate the trend to develop smart cities, as local governments seek to improve health tracking and containment capabilities for future pandemics. Similar to how 9/11 resulted in increased security checks at airports and office buildings, so might the coronavirus pandemic lead to increased health monitoring in major public spaces. As a result, we see increased demand for biosecurity hardware and activities, as well as increased use of artificial intelligence and other related technologies.

Biosecurity and health monitoring to prevent spread of coronavirus and ensure social distancing during pandemics. Smart phone disease surveillance, contact tracing. Use of drone and facial recognition technology.

Smart Buildings & Infrastructure - Hospitals, schools, apartments, airports, and office buildings to implement better security, sanitation and disease mitigation practices. Enhanced health screening in public spaces - facial temperatures, vaccination history, air quality tracking.

Smart transportation— autonomous cars, trucks, ships for e-Commerce efficiency.

53

5G / Wi-Fi / Will Airtel + Vodafone get Jio Like Big MNC Investments ?

« on: June 20, 2020, 04:04:32 PM »

Indian Telcos act as a gateway to a vast customer base, and are now capable of offering multiple intelligent services like bundled billing, granular data analysis and sharp reduction in customer acquisition costs for their partners.

Telcos can bundle offerings for various consumer and enterprise needs resulting in the best deal for all parties. They will also be able to offer multiple choices to consumers for each use case like cloud services (Azure, AWS and Google Cloud) or collaborative working (Teams and Slack) etc. The global leaders offering software as a service will look to differentiate their go-to-market strategy by partnering with Telcos.

Airtel has wireless telecom, home broadband, DTH and enterprise businesses. These are subscription-oriented and Airtel is able to derive some synergies both in the retail and enterprise side as some customers take multiple subscriptions.

Vodafone Idea predominantly operates in the consumer wireless space. It has small presence in home broadband and the enterprise business. But these initiatives don’t contribute meaningfully to revenue.

54

Web 2.0 / Facebook Pay + WhatsApp Pay: payments system

« on: April 30, 2020, 08:44:05 PM »

A key driver of consideration for a commerce transaction is ease and reliability of payment. Facebook has introduced two payment gateways—Facebook Pay and WhatsApp Pay.

Facebook Pay was launched in Nov-2019, which enabled a user to link their debit/credit card or their PayPal account to the payment gateway. This could enable them to send money to friends and shop online, even in apps other than Facebook. It was rolled out on both Facebook and Messenger app. It plans to launch this in Instagram and WhatsApp too. The payment behavior of a user enables better targeting of adverts to that user on Facebook.

WhatsApp Pay is an in-chat payment feature, currently under beta testing in India since Feb-2018. It is a UPI-based payment service that allows users to both send and receive money. It received approval from National Payments Corporation of India in Feb-2020 to roll out the service in a phased manner. This will be a useful feature in case commerce transactions are brought to the chat platform and will offer users a convenient way to close the transaction using the in-app payments service.

55

Cable / DSL Services / WhatsApp Business: connect with user base through messaging

« on: April 30, 2020, 08:42:23 PM »

WhatsApp offers two products depending on the size of the business: WhatsApp Business API (large and medium businesses) and WhatsApp Business (small business owner).

WhatsApp Business API helps establish communication channels with a user, and provide various updates through instant messaging feature. The updates can be with respect to any order or offers. The customers can initiate conversations with the business, which can respond to fulfill the orders. WhatsApp Business is a free to download app for small business owners. The primary objective is to showcase the catalog of products and services and complete the purchase process on third-party or seller designated website. WhatsApp provides various tools to the small business owner in order to categorise users, automate sorting and response to messages, etc.

56

SmartPhones & Apps / Facebook/Instagram Checkout: complete in-app purchase

« on: April 30, 2020, 08:41:03 PM »

Checkout feature on Facebook and Instagram lets a user complete their purchases from any seller without having to leave the app (Facebook/Instagram). This enables the user to discover and close the purchase on the same platform. It also translates to faster payment processing and checkout process since the various user and payment details are stored by the app. The Checkout feature is live only in the US currently. Facebook has collaborated with multiple ecommerce retailers (e.g., Shopify, BigCommerce, etc.), so that an existing seller in those retailers, can directly list their inventory on Facebook shops. This provides a seller with a convenient way to access the huge user base of Facebook. Facebook makes money by charging a seller fee of 5% of shipment value (for shipments of US$8 or more).

Instagram Checkout was launched in the US in Mar-2019 and the beta phase involved 26 brands (including Nike, Adidas, Dior, H&M, Prada, etc.). Instagram has replaced the process where users were redirected to the brand website with a complete in-app ordering process, including payments. Further, the user can track status of an order, and has the option to cancel or initiate a return, thereby creating the whole e-commerce ecosystem within the app itself.

57

Technology / Facebook Marketplace - C2C platform connecting buyers and sellers

« on: April 30, 2020, 08:39:03 PM »

Its first in-app commerce feature came with launch of Facebook Marketplace in Oct-2016, which is a C2C (customer-to-customer) marketplace. The peer-to-peer service enables access to items which are available for a user within a neighborhood. The advantage of the Marketplace at launch was no commission on transactions, but the fulfilment of delivery was responsibility of the seller. The transaction would also happen outside the platform and the buyer and seller can engage on Messenger chat service. This opened up an opportunity for monetization through advertising by seller, which would help the seller to direct traffic to their inventory within Marketplace.

In 2019, Facebook acquired Packagd—video-shopping startup—which would build a live shopping feature in Marketplace. This would let users make purchases while watching live video broadcasts.

58

Web 2.0 / Impact of COVID-19 on InfoEdge Internet Group

« on: April 13, 2020, 12:24:48 PM »

However, like all other B2B/B2B2C focused internet companies, the current crisis would most likely affect the company’s momentum in near term billings and cash collections. This is because the lockdown situation would not only affect new client on-boarding but also lead to postponement of contracts that would be up for renewals in the near term, especially in case of Naukri and 99acres. This comes on the back of the macro headwinds that were affecting the company’s historical strong growth momentum. Assuming that the current crisis is contained to a large extent before Jun’21, we cut our billings estimates for Naukri and 99acres over FY20-22E, which in turn negatively
impacts our standalone revenue estimates for FY20/21/22 by -3%/-12%/-14%.

59

4G / LTE / Why WPC / SAFCA Website is Not Working ?

« on: April 06, 2020, 07:08:23 AM »

The DoT - Department of Telecom has WPC (Wireless Planning and Co-Ordination Wing) which accepts applications from Telecom Companies for allotting them permission to install towers with appropriate BTS equipment required for Mobile / 4G Services.

Since the DoT is migrating the Platform, temporarily all operators and stake holders are required to send e-mail as per notification of WPC dated 18/10/2019.

60

Web 2.0 / What is Revenue + Expenditure of YourStory Media / Blog ?

« on: April 01, 2020, 06:12:49 AM »

Most Bloggers would be interested to know the Revenue and expenditure of YourStory Blog / Media ?

Revenue - Rs 19.00 Crore
Sale of Services Revenue - Advertisements - Rs 13.95 Cr
Revenue from Events Rs 3.95 Cr

How Much Expenses of YourStory does in a Year ?
Spent on Employees - RS 9.65 Cr
Event Hosting - Rs 1.78 Cr
Web / Mobile Technology related Spend - Rs 1.37 Cr
Travelling - RS 90 Lak
Freelancer - Rs 78 Lakh
Legal / Professional Charges - RS 2.31 Cr
Business Development - Rs 2.32 Cr
+ Other Expenses Exists. do let us know if you want all the Details of this Company

Net Loss of the Company - Rs 3.68 Cr

Reserves and Surplus with YourStory Media Rs 30.68Cr

How Much Salary Shradha Sharma of YourStory Media Ltd Draws Every Year ?
She took home a Salary of Rs 75 Lak and Holds 85% Shares in the Company