Telecommunications & Technology
Reliance Communications has divided all the telecom circles in 3 categories – 3G metro, 3G circles and 3G dark circles (where RCom does not have 3G spectrum). RCom plans to use a combination of 3G and CDMA to penetrate the data users in 3G metros and circles according to the requirement of subscribers (for example dongle users will stay on CDMA, while smart-phone users will rather use 3G H+ Network).
The company intends to use CDMA in 3G dark circles, where RCom has not
8 operators have submitted applications to participate in the bidding for the 2015 Mega Telecom Spectrum Auction. Reliance Jio is the surprise entrant with highest earnest money deposit (EMD) thus creating the fears of aggressive bidding. Idea cellular will be the most vulnerable if Reliance focuses on winning the 900MHz band Idea doesn’t have enough fire power to bid up if the process turns aggressive as the capability is limited by the EMD paid and may have to take an alternative path to the 2100 Mhz spectrum.
I will renew my 900 MHz renewal spectrum at any cost
In coming months, we will likely see efforts being made to provide free WiFi hotspots by State/Central governments and R-Jio across key cities in India. For instance, 1) The newly elected Aam Aadmi Party (AAP) in Delhi is looking to offer free WiFi in public places across Delhi, as per its Manifesto; 2) Telecom Minister recently inaugurated BSNL’s free WiFi in Varanasi.
What is Offered in the Free Wi-Fi Package in varanasi ?
FabFurnish is the first Large Scale online Furniture & Home Decor retailer in India. The overall furniture market in India is over US$20bn and growing 15-20% p.a. as per FabFurnish. More than 95% of the market is unorganized, and within organized market, large retailers are limited and have presence mostly in top 10 cities. Given high rental costs, prices in offline stores (for large retailers) are also very high, creating opportunity for the online model to disrupt existing traditional distribution channels.
Online & Offline Business Model
FabFurnish follwos a hybrid Online & Offline Model known as Omni Channel Retailing.. It has 4 offline showrooms (mostly in tier 1 cities) through franchisees. This is primarily meant to draw attention and get more visitors and convert them into
Times Internet has over 20 businesses across various categories News, Sports, Lifestyle, Classifieds, Entertainment platforms, commerce, etc. Cumulatively Times properties get 120 monthly visits with 6 billion page views per month. Half of the traffic comes from mobile. News and Classifieds account for large portion of revenues for the group. Key focus areas remain a) magicbricks.com, b) Gaana.com, c) Cricbuzz and d) Coupondunia.
Magicbricks the REal Estate venture was started in 2006 by the group. Revenues in FY15 were at Rs771m and have grown at over 58% CAGR over the last few years. Total paid clients were at over 24k in FY15 and total listings were at 630k as of Dec-14. Current run rate of monthly collections implies annual collections of US$20m as per management. The company is investing in verified listings (204k verified listings as of Jan15), and building improved user interface.
Gaana is an online
Reliance Jio Infocomm will likely have a triple play [Voice, TV and Boadband Data] focusing on full data wallet of subscribers – the launch will likely be in quick, successive phases commencing in 2H2015 [Launch, Bit Delayed]. Reliance insiders tell us that RJio will likely simultaneously launch all its three services – wireless services, wireline fiber-to-home offerings (along with TV market) and wireline services to corporate clients. We think that RJio is being seen laying fiber in most of the large towns currently – for e.g. visible to us in Mumbai – causing the impression that RJio will likely go with fiber-to-home offering initially. However, we believe the fiber is laid out to connect towers so that large amount of data can be routed through fiber across towers for the desired quality.The company will also provide fiber-to-home i.e. the last
Reliance Jio Infocomm has lighted its 4G/LTE Network and we gather that the results from Voice over LTE – VoLTE trials are to management’s satisfaction so far. The quality of voice services on VoLTE is apparently superior compared to 2G/3G voice services. Unlike 2G/3G, VoLTE is a data-based voice service where voice packets can be prioritized over the network; hence, the continuity in communication is ensured. Also, VoLTE allows video-calling, which many subs could view as desirable. Since RJio is planning to launch in 900 cities, it will cover a large proportion of mobile-using population. One key concern has been that VoLTE-using subscribers might not be able to connect with a 2G/3G subscriber on other networks limiting adoption. However, our channel checks suggest that this is not a limiting factor. In such a scenario, the quality of conversation/call will be limited by the inferior technology (2G/3G), but the communication should still work.
What is the Reliance Jio MiFi Device ?
The Mi-Fi device allows the subscribers to
Mobile Technologies are a critical driver of the world economy, generating global revenue of almost $3 trillion. The mobile revolution has accelerated innovation worldwide, boosting global GDP and creating new jobs across a vast array of industries. Mobile is directly responsible for 11 million jobs worldwide, and the indirect impact far exceeds this number. More than two-thirds of mobile industry jobs are high-value, knowledge-economy jobs, such as innovation research, component and device design, and app development.
Empirical Data suggests that iPhone ASP premium of $300 / device is driven by consumer perception of superior hardware/aesthetic design (materials, industrial design, brand), given we believe Android and iOS software capabilities are converging, and Google is ahead in Cloud Services. Apple CEO Tim Cook has shared his belief that Google is Apple’s top competition in Cloud Services. What is Cloud Service Ecosystem ? The ecosystem includes, Cloud Services to Consumer, 2) Cloud Services to Enterprise, and 3) Portals to Cloud Services within third party apps and devices.
In the upcoming 2015 mega spectrum auctions, Idea Cellular has 900 Mhz spectrum up for renewal in 9 circles accounting for about 72% of Idea’s last twelve month (LTM) revenues. In 2 circles (Gujarat and UP (West)), Idea has almost no back-up spectrum to offer voice services and about 15% of its revenues from these circles would be at high risk if it is unable to renew the spectrum.
In the upcoming spectrum auctions in February 2015, 59 MHz of 900 MHz and 9.2 Mhz of 1800 Mhz frequency of Idea are coming up for renewal. If we take DoT reserve prices as the auction price, we expect total renewal outgo to be Rs172 bn for Idea following the auction.
Idea has significant gaps in its