The Department of Telecommunications (DoT) has selected NYSE-listed Syniverse Technologies as one of the two companies to implement mobile number portability (MNP) services in the country.
Telcordia and Syniverse Technologies were selected by DoT to implement MNP across the country. India was divided into two zones for the implementation of MNP, a service that would allow a mobile user to retain his phone number while shifting to a new operator.
Vice president and CEO Sanjay Kasturia talks about the initial trends in mobile number portability, launched all across India on January 20, and other issues in an interview with Mansi Taneja.
According to a study by analyst firm Angel Broking, once the MNP facility is operational, mobile operators' average revenues per user, the benchmark of a telecom operator's financial strength, would get adversely impacted by around 5 per cent. Telecom companies' margins would also drop by 100-150 basis points and even earnings per share estimates would be pruned by 9-21 per cent.
Cash isn't always the best way to reward workers--especially these days, when it isn't available anyway.