ITV

Category: iWorld

  • FY-16: Vodafone’s data revenue grows 45 percent; service revenue up 5 percent

    FY-16: Vodafone’s data revenue grows 45 percent; service revenue up 5 percent

    BENGALURU: Vodafone India reported 45.2 percent growth in revenue from data (browsing) for the year ended 31 March 2016 (FY-16, current year) as compared to the previous year. The telecom major’s total and service revenues in the current year increased 5 percent each as compared to FY-15. Vodafone’s reported data revenue for the current year at Rs 8,263 crore as against Rs 5,690 in Fy-15. Service revenue in the current year was Rs 44,303 crore as compared to Rs 42,204 crore in FY-15.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.
    (c) All numbers are standalone. The Financial results for Vodafone India have been derived from the consolidated financial results of Vodafone Group Plc. and this may differ from Vodafone India’s financial statements prepared in Indian GAAP, Ind (AS) or IFRS.

    Vodafone reported total revenue in the current year at Rs 44.490 crore as compared to Rs 42,378 crore in the previous year. EBIDTA in FY-16 at Rs 13,115 crore (29.5 percent EBIDTA margin) grew 4.1 percent from Rs 12,598 crore (29.7 percent margin) in the previous year. Vodafone says that underlying service revenue growth percentage is adjusted for regulatory impacts.

    Vodafone India managing director and CEO Sunil Sood, commented,“We continue to deliver healthy double digit underlying revenue growth of 10 percent and a healthy EBITDA margin. There is a strong uptake in data and our usage has gone up 63 percent YoY. Last year, we also embarked on an ambitious initiative to invest, modernize and expand our network to launch Vodafone SuperNetTM –providing a seamless voice and data experience for our customers. Shortly, our 4G services will be available in 1000 towns across 9 circles in India. We remain committed to fulfil the evolving needs of our customers and leverage our global experience plus rich understanding of India to play a meaningful role in enabling Digital India.”

    Subscription numbers

    Vodafone’s customer base in FY-16 grew 7.7 percent to 19.79 crore from 18.38 crore in FY-15. Data users consuming more than 1 MB data in FY-16 grew 12 percent to 4.48 crore from 4 crore in the previous year.  Data Users grew 5.9 percent in FY-16 to 6.75 crore from 6.38 crore in FY-15. 3G users in FY-16 grew 43.3 percent to 2.78 crore from 1.94 crore in FY-15.

    Vodafone reported overall annualized subscriber churn of 51.8 percent as compared to 52.6 percent in the previous year. Post-paid subscriber churn in FY-16 increased to 21.7 percent from20.9 percent in the previous year, while post-paid subscriber churn increased to 54.1 percent from 52.6 percent from the previous year.

    Vodafone India is a 100 percent fully owned subsidiary of the Vodafone Group Plc. with operations across the country serving approximately 19.8 crore customers (over 10.7 crore in rural areas).

     

  • FY-16: Vodafone’s data revenue grows 45 percent; service revenue up 5 percent

    FY-16: Vodafone’s data revenue grows 45 percent; service revenue up 5 percent

    BENGALURU: Vodafone India reported 45.2 percent growth in revenue from data (browsing) for the year ended 31 March 2016 (FY-16, current year) as compared to the previous year. The telecom major’s total and service revenues in the current year increased 5 percent each as compared to FY-15. Vodafone’s reported data revenue for the current year at Rs 8,263 crore as against Rs 5,690 in Fy-15. Service revenue in the current year was Rs 44,303 crore as compared to Rs 42,204 crore in FY-15.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.
    (c) All numbers are standalone. The Financial results for Vodafone India have been derived from the consolidated financial results of Vodafone Group Plc. and this may differ from Vodafone India’s financial statements prepared in Indian GAAP, Ind (AS) or IFRS.

    Vodafone reported total revenue in the current year at Rs 44.490 crore as compared to Rs 42,378 crore in the previous year. EBIDTA in FY-16 at Rs 13,115 crore (29.5 percent EBIDTA margin) grew 4.1 percent from Rs 12,598 crore (29.7 percent margin) in the previous year. Vodafone says that underlying service revenue growth percentage is adjusted for regulatory impacts.

    Vodafone India managing director and CEO Sunil Sood, commented,“We continue to deliver healthy double digit underlying revenue growth of 10 percent and a healthy EBITDA margin. There is a strong uptake in data and our usage has gone up 63 percent YoY. Last year, we also embarked on an ambitious initiative to invest, modernize and expand our network to launch Vodafone SuperNetTM –providing a seamless voice and data experience for our customers. Shortly, our 4G services will be available in 1000 towns across 9 circles in India. We remain committed to fulfil the evolving needs of our customers and leverage our global experience plus rich understanding of India to play a meaningful role in enabling Digital India.”

    Subscription numbers

    Vodafone’s customer base in FY-16 grew 7.7 percent to 19.79 crore from 18.38 crore in FY-15. Data users consuming more than 1 MB data in FY-16 grew 12 percent to 4.48 crore from 4 crore in the previous year.  Data Users grew 5.9 percent in FY-16 to 6.75 crore from 6.38 crore in FY-15. 3G users in FY-16 grew 43.3 percent to 2.78 crore from 1.94 crore in FY-15.

    Vodafone reported overall annualized subscriber churn of 51.8 percent as compared to 52.6 percent in the previous year. Post-paid subscriber churn in FY-16 increased to 21.7 percent from20.9 percent in the previous year, while post-paid subscriber churn increased to 54.1 percent from 52.6 percent from the previous year.

    Vodafone India is a 100 percent fully owned subsidiary of the Vodafone Group Plc. with operations across the country serving approximately 19.8 crore customers (over 10.7 crore in rural areas).

     

  • Startups thriving on mutual synergies

    Startups thriving on mutual synergies

    MUMBAI  According to a recent industry survey, the total amount invested in the startups more than doubled between 2014 and 2016. The rate of growth was high in India, with the country accounting for more than $4 of every $10 invested in startups. This growth of capital investment in start-ups highlights the significant role that technology and the internet are playing in radically changing the nature of start-ups on a global level.

    Partnership and collaboration is key to any successful mentoring arrangement and it is not just the start-up that benefits.  Small but growing companies can introduce mature partners to more creative and flexible ways of thinking. Likewise, they can provide access to new customers and innovative products. This is especially true in the start-up sector which is characterised by rapid change and innovation. 

    One of the biggest examples of this phenomenon is Onspon.com. Onspon.com is a unique start-up that focusses on founded with the objective of automating the process of making sponsorship decisions, and securing access to timely sponsorship.

    If you thought this was interesting, Hitesh has more in store. “Sponsorships have become a very vital tool for the start-ups of today. They have started realising that discovering brands and companies that provide them with value in terms of an association or powering an event that can create value for them.” 

    Onspon.com is providing early-stage start-ups with a brilliant medium for effective outreach and early traction which can be considered gold-dust in today’s fast paced start-up world. Hitesh Gossain, CEO,Onspon.com, elaborates on this, “There are several start-ups and brands nowadays that are in requirement of associations and synergies to leverage each other’s strengths. Our platforms have the special ability to provide brands with the most befitting / high ROI yielding avenues. What they also arereliasing that in this sphere, collaborating together on events and picking up platforms to expose their brand is an effective tool which can make a bigger difference than a media plan at times.”

    “We have over 11000 event managers regsitered with us. They range from college sponsorship seeking individuals to IPL teams looking for brands on their jersey. Some of these cases provideStartups with an intriguing opportunity to engage their brand identity and reach out to a concentrated and effective audience. We are one of the examples of a startup offering other companies an opportunities to leverage our strengths and contribute to our platform in return,” says Hitesh smiling. 

    The success of Startup Bootcamps and similar mentoring initiatives lies in the fact that entrepreneurs and corporate executives now need each other more than ever. Indeed, their requirements and their strengths are often complementary.

    Therefore, startups can brighten their global prospects by forming collaborative partnerships thatcapitalise on their complementary strengths while respecting the independence of each party. Nowthats a food for thought. Isn’t it ?

  • Startups thriving on mutual synergies

    Startups thriving on mutual synergies

    MUMBAI  According to a recent industry survey, the total amount invested in the startups more than doubled between 2014 and 2016. The rate of growth was high in India, with the country accounting for more than $4 of every $10 invested in startups. This growth of capital investment in start-ups highlights the significant role that technology and the internet are playing in radically changing the nature of start-ups on a global level.

    Partnership and collaboration is key to any successful mentoring arrangement and it is not just the start-up that benefits.  Small but growing companies can introduce mature partners to more creative and flexible ways of thinking. Likewise, they can provide access to new customers and innovative products. This is especially true in the start-up sector which is characterised by rapid change and innovation. 

    One of the biggest examples of this phenomenon is Onspon.com. Onspon.com is a unique start-up that focusses on founded with the objective of automating the process of making sponsorship decisions, and securing access to timely sponsorship.

    If you thought this was interesting, Hitesh has more in store. “Sponsorships have become a very vital tool for the start-ups of today. They have started realising that discovering brands and companies that provide them with value in terms of an association or powering an event that can create value for them.” 

    Onspon.com is providing early-stage start-ups with a brilliant medium for effective outreach and early traction which can be considered gold-dust in today’s fast paced start-up world. Hitesh Gossain, CEO,Onspon.com, elaborates on this, “There are several start-ups and brands nowadays that are in requirement of associations and synergies to leverage each other’s strengths. Our platforms have the special ability to provide brands with the most befitting / high ROI yielding avenues. What they also arereliasing that in this sphere, collaborating together on events and picking up platforms to expose their brand is an effective tool which can make a bigger difference than a media plan at times.”

    “We have over 11000 event managers regsitered with us. They range from college sponsorship seeking individuals to IPL teams looking for brands on their jersey. Some of these cases provideStartups with an intriguing opportunity to engage their brand identity and reach out to a concentrated and effective audience. We are one of the examples of a startup offering other companies an opportunities to leverage our strengths and contribute to our platform in return,” says Hitesh smiling. 

    The success of Startup Bootcamps and similar mentoring initiatives lies in the fact that entrepreneurs and corporate executives now need each other more than ever. Indeed, their requirements and their strengths are often complementary.

    Therefore, startups can brighten their global prospects by forming collaborative partnerships thatcapitalise on their complementary strengths while respecting the independence of each party. Nowthats a food for thought. Isn’t it ?

  • nexGTv revamps its mobile app interface

    nexGTv revamps its mobile app interface

    MUMBAI: nexGTv has announced the launch of its redesigned mobile app. The overhaul comprises a complete revamp of the app aesthetics user interface and product design in addition to some exciting new-age features. The move is a part of the platform’s long-term growth strategy that has and is meant to further enhance the digital viewing experience for nexGTv users.

    The latest announcement will delight the Indian digital viewership, which will now be privy to nexGTv’s diverse entertainment solutions in a more vibrant, friendly and engaging atmosphere. The bright and eye-catching colour palette has been chosen to associate various categories of its content with its users’ cool, modern and trendy lifestyles, while the interface will now have cards and floating icons to recommend the best content.

    So whether it is sampling premium user-generated content from nexGTv SPOTLight with Imtiaz Ali or watching exclusive content such as India’s first mobi-series ‘It’s My City’ starring Priyanka Chopra as herself, nexGTv users will have access to the entire catalogue of nexGTv’s unique contemporary offerings literally at their fingertips. But that is not all! nexGTv has also added a Non-Stop News tab that showcases news bulletins from leading TV news channels on the app, providing users, the fastest way to stay updated with the latest happenings from around the world.

    Speaking on the announcement, nexGTv COO Abhesh Verma said, “At nexGTv, we have always sought to enable the most relevant and highly curated end-to-end entertainment solutions for our users, and today’s mobile-first consumer wants nothing but the best, both in terms of services and service fulfilment. Our latest app launch is meant to incorporate engaging, interactive features and intuitive product design that add great convenience and usage flexibility for the end-consumer. As the viewing experience and convenience of usage have emerged today as top priorities for the digital viewer, we are confident that our app revamp will find great reception amongst our existing and prospective users who are sure to take delight in the enhanced features of our mobile app.”

    The redesign will facilitate easier navigation through category tabs, search tab and advanced filters, and will clearly indicate free and paid content to the user. nexGTv users have an option to pause the Live TV, see picture in picture, set reminders for their favourite shows and movies, and will have greater control of their viewing experience with features such as playlist management, recommended tab and info tab.

    nexGTv will also be enabling several novel features such as Quicky, which will recommend the most tailored entertainment content depending upon the users’ preferences and the time available to them; PIP, which enables watching selected content while browsing/exploring for more content; and Rich Media EPG, which keeps the content display fresh and interesting for user by displaying new thumbnail from within the latest content asset. Moreover, with its revolutionary Save Data feature, the revamped nexGTv app will allow its users to toggle between Performance and Data Saving modes at the touch of a button, thereby enabling them to derive greater value for their money through streamlined data consumption.

    With all this and much more, such as access to Live TV scheduling and adaptive streaming, nexGTv is definitely set to be the unmistakable TV button on your mobile. The nexGTv mobile app is available for download on both Android and iOS platforms globally.

  • nexGTv revamps its mobile app interface

    nexGTv revamps its mobile app interface

    MUMBAI: nexGTv has announced the launch of its redesigned mobile app. The overhaul comprises a complete revamp of the app aesthetics user interface and product design in addition to some exciting new-age features. The move is a part of the platform’s long-term growth strategy that has and is meant to further enhance the digital viewing experience for nexGTv users.

    The latest announcement will delight the Indian digital viewership, which will now be privy to nexGTv’s diverse entertainment solutions in a more vibrant, friendly and engaging atmosphere. The bright and eye-catching colour palette has been chosen to associate various categories of its content with its users’ cool, modern and trendy lifestyles, while the interface will now have cards and floating icons to recommend the best content.

    So whether it is sampling premium user-generated content from nexGTv SPOTLight with Imtiaz Ali or watching exclusive content such as India’s first mobi-series ‘It’s My City’ starring Priyanka Chopra as herself, nexGTv users will have access to the entire catalogue of nexGTv’s unique contemporary offerings literally at their fingertips. But that is not all! nexGTv has also added a Non-Stop News tab that showcases news bulletins from leading TV news channels on the app, providing users, the fastest way to stay updated with the latest happenings from around the world.

    Speaking on the announcement, nexGTv COO Abhesh Verma said, “At nexGTv, we have always sought to enable the most relevant and highly curated end-to-end entertainment solutions for our users, and today’s mobile-first consumer wants nothing but the best, both in terms of services and service fulfilment. Our latest app launch is meant to incorporate engaging, interactive features and intuitive product design that add great convenience and usage flexibility for the end-consumer. As the viewing experience and convenience of usage have emerged today as top priorities for the digital viewer, we are confident that our app revamp will find great reception amongst our existing and prospective users who are sure to take delight in the enhanced features of our mobile app.”

    The redesign will facilitate easier navigation through category tabs, search tab and advanced filters, and will clearly indicate free and paid content to the user. nexGTv users have an option to pause the Live TV, see picture in picture, set reminders for their favourite shows and movies, and will have greater control of their viewing experience with features such as playlist management, recommended tab and info tab.

    nexGTv will also be enabling several novel features such as Quicky, which will recommend the most tailored entertainment content depending upon the users’ preferences and the time available to them; PIP, which enables watching selected content while browsing/exploring for more content; and Rich Media EPG, which keeps the content display fresh and interesting for user by displaying new thumbnail from within the latest content asset. Moreover, with its revolutionary Save Data feature, the revamped nexGTv app will allow its users to toggle between Performance and Data Saving modes at the touch of a button, thereby enabling them to derive greater value for their money through streamlined data consumption.

    With all this and much more, such as access to Live TV scheduling and adaptive streaming, nexGTv is definitely set to be the unmistakable TV button on your mobile. The nexGTv mobile app is available for download on both Android and iOS platforms globally.

  • Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    MUMBAI: Luv Films, a venture from the writer and director of Pyaar Ka Punchnama, Luv Ranjan, is all geared to enter the digital space with its sitcom Life Sahi Hai. Starting 24 May, the first episode of the series has already been shot, while the trailer will roll-out the first look of the show on 18 May.

    Produced by Ranjan and partner and producer Ankur Garg under their company Luv Films and created by Tarun Jain, co-writer of Pyaar Ka Punchnama 2, the 12 episodic and 20 minute long series will feature multiple directors during the entire season’ tenure. The company has struck cash plus media deals with three sponsors. While Himalaya Herbals Men is the powered by sponsor, Mahindra Gusto 125 is  the associate sponsor.

    “The viewers will see the brands being seamlessly integrated in our series. Life Sahi Hai shows friendship amongst guys and is on a similar zone to my movie. As a company producing and distributing youthful and quality content, we’re thrilled to see our story come alive on the no holds barred online medium”, notes Garg.

    He further adds, “Digital gives us the liberty to broadcast content without any constraints. We will mostly likely launch one episode per week There has been an immense boom in the online space in recent times and going by the opportunities that this medium offers, we are certain about achieving scale and building a brand from Life Sahi Hai”.

    Completely shot in HD quality, the series is about four boys in their early 20’s, who come from different parts of India to live together independently for the first time, in Delhi, right after college. Coming from diverse backgrounds and having lived very different lives, the guys don’t immediately get along with each other. But feeding off each other’s strengths for help in professional as well as personal problems, they soon become buddies. Actors Tarun Jain, Suhail Nayyar, Abhishek Saha and Siddhant Chaturvedi will be seen essaying the characters of the four boys.

    A source close to the development reveals that the production cost for one episode will approximately be Rs 22 lakh to 24 lakh.

  • Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    Pyaar ka Panchnama’s Luv Ranjan & Ankur Garg to launch digital sitcom ‘Life Sahi Hai’

    MUMBAI: Luv Films, a venture from the writer and director of Pyaar Ka Punchnama, Luv Ranjan, is all geared to enter the digital space with its sitcom Life Sahi Hai. Starting 24 May, the first episode of the series has already been shot, while the trailer will roll-out the first look of the show on 18 May.

    Produced by Ranjan and partner and producer Ankur Garg under their company Luv Films and created by Tarun Jain, co-writer of Pyaar Ka Punchnama 2, the 12 episodic and 20 minute long series will feature multiple directors during the entire season’ tenure. The company has struck cash plus media deals with three sponsors. While Himalaya Herbals Men is the powered by sponsor, Mahindra Gusto 125 is  the associate sponsor.

    “The viewers will see the brands being seamlessly integrated in our series. Life Sahi Hai shows friendship amongst guys and is on a similar zone to my movie. As a company producing and distributing youthful and quality content, we’re thrilled to see our story come alive on the no holds barred online medium”, notes Garg.

    He further adds, “Digital gives us the liberty to broadcast content without any constraints. We will mostly likely launch one episode per week There has been an immense boom in the online space in recent times and going by the opportunities that this medium offers, we are certain about achieving scale and building a brand from Life Sahi Hai”.

    Completely shot in HD quality, the series is about four boys in their early 20’s, who come from different parts of India to live together independently for the first time, in Delhi, right after college. Coming from diverse backgrounds and having lived very different lives, the guys don’t immediately get along with each other. But feeding off each other’s strengths for help in professional as well as personal problems, they soon become buddies. Actors Tarun Jain, Suhail Nayyar, Abhishek Saha and Siddhant Chaturvedi will be seen essaying the characters of the four boys.

    A source close to the development reveals that the production cost for one episode will approximately be Rs 22 lakh to 24 lakh.

  • Ortel announces launch of 100 Mbps speed on its DOCSIS 3.0 platform

    Ortel announces launch of 100 Mbps speed on its DOCSIS 3.0 platform

    MUMBAI:  Regional cable television and high speed broadband services provider Ortel Communications Limited has introduced a wide range of plans including100 Mbps mega speed DOCSIS 3.0 Broadband Internet in Odisha. Data Over Cable Service Interface Specification (DOCSIS) has been developed by CableLabs, which is an International Consortium of Cable Operators and MSOs, and approved by the International Telecommunication Union (ITU-T). This technology has been widely used in Europe and USA by leading ISPs says Ortel.

    The new Ortel Broadband plans range from 2Mbps to 100 Mbps which will cater to the requirements of most of the home broadband users ranging from simple browsing, chatting to using High Definition video content and high level Online Gaming.

    Ortel says that it is the first MSO to offer 100 Mbps Broadband in the state of Odisha using the DOCSIS 3.0 technology. It is being initially deployed in the city of Bhubaneswar and will be followed by other markets very soon.

    Commenting on the development Ortel president and CEO Bibhu Prasad Rath said, “We are happy to launch a wide array of Broadband plans in DOCSIS 2.0 and DOCSIS 3.0 technology platforms keeping in view the current pattern of internet usage by the subscribers. While we have very affordable plans to serve all internet subscribers, we have been continuously upgrading the speeds to cater to the fast changing usage trends of subscribers who have multiple requirements ranging from plain simple browsing, emailing, social media engagement, heavy downloading, video conferencing to the higher end usage of HD live streaming of video content and complex online gaming. Our endeavour is to constantly redefine our consumer experience and we will constantly pursue this objective in our markets to increase our broadband subscriber base. The company plans to actively roll out DOCSIS 3.0 plans to deliver exceptional internet surfing experience to its subscribers. Attractive COMBO plans are also made available to the Ortel cable TV subscribers, which is in line with our vision of ‘One Cable, Many Solutions’.”

  • Ortel announces launch of 100 Mbps speed on its DOCSIS 3.0 platform

    Ortel announces launch of 100 Mbps speed on its DOCSIS 3.0 platform

    MUMBAI:  Regional cable television and high speed broadband services provider Ortel Communications Limited has introduced a wide range of plans including100 Mbps mega speed DOCSIS 3.0 Broadband Internet in Odisha. Data Over Cable Service Interface Specification (DOCSIS) has been developed by CableLabs, which is an International Consortium of Cable Operators and MSOs, and approved by the International Telecommunication Union (ITU-T). This technology has been widely used in Europe and USA by leading ISPs says Ortel.

    The new Ortel Broadband plans range from 2Mbps to 100 Mbps which will cater to the requirements of most of the home broadband users ranging from simple browsing, chatting to using High Definition video content and high level Online Gaming.

    Ortel says that it is the first MSO to offer 100 Mbps Broadband in the state of Odisha using the DOCSIS 3.0 technology. It is being initially deployed in the city of Bhubaneswar and will be followed by other markets very soon.

    Commenting on the development Ortel president and CEO Bibhu Prasad Rath said, “We are happy to launch a wide array of Broadband plans in DOCSIS 2.0 and DOCSIS 3.0 technology platforms keeping in view the current pattern of internet usage by the subscribers. While we have very affordable plans to serve all internet subscribers, we have been continuously upgrading the speeds to cater to the fast changing usage trends of subscribers who have multiple requirements ranging from plain simple browsing, emailing, social media engagement, heavy downloading, video conferencing to the higher end usage of HD live streaming of video content and complex online gaming. Our endeavour is to constantly redefine our consumer experience and we will constantly pursue this objective in our markets to increase our broadband subscriber base. The company plans to actively roll out DOCSIS 3.0 plans to deliver exceptional internet surfing experience to its subscribers. Attractive COMBO plans are also made available to the Ortel cable TV subscribers, which is in line with our vision of ‘One Cable, Many Solutions’.”