Predictably, the 3G auctions have attracted only existing 2G players -- Aircel, Bharti, Etisalat, Idea, Reliance Telecom, S Tel, Tata Teleservices, Vodafone and Videocon Telecom -- with not a single new entrant, global or Indian, in the list.
TOI was the first to predict, way back on August 12, 2008, that new players would probably stay away from the 3G auctions after the auctions were first announced. Even after the guidelines were revised for the 2010 auctions, the barriers for new entrants remained unchanged. The absence of global bidders is likely to ensure that the bidding will be conservative, and probably lower than the ambitious Rs 40,000 crore revenue target first announced by telecom minister A Raja.
The BWA list has four new players -- Augere, Tikona Wireless, Infotel Broadband Services and Qualcomm -- while Spice is making a comeback into the telecom space. Infotel belongs to Anant Nahatta, the son of HFCL owner Mahendra Nahatta.
http://us.travelchacha.com/india-holidays/
It could not be confirmed if these are all pan-India applications or if players will eventually bid only for select circles. DoT is meeting at 11.30am on Saturday, March 20 to screen the applications. "We will check to see if the applicants meet the licence criteria. For example, no company can hold more than 10% in another applicant company," a senior DoT official told TOI.
The simultaneous, ascending auction designed by auctioneer N M Rothschild enables bidders to bid from their own computer screen with the value of the highest bid and number of bidders in each round for each circle visible to each player, the DoT official added.
However, he declined to reveal what the revenue expectations from these auctions were. "We expect it to be a good auction on the back of robust demand," he said. However, the government recently said it expects to earn at least Rs 30,000 crore from the auction proceeds.
http://www.travelchacha.com/hotels.asp
The reserve price for pan-India 3G spectrum is Rs 3,500 crore and the bids could go anywhere in the range of Rs 6,000 to Rs 8,000 crore for each pan-India slot. For BWA auctions, the reserve price is Rs 1,750 crore with bids expected in the range of Rs 2,000 to Rs 3,000 crore per pan-India slot.
However, data revenue growth in the near term is not expected to be robust enough to justify extravagant bidding, as India is primarily a voice market with over 97% of the market still vanilla voice with rock bottom ARPUs (average revenue per user) of less than Rs 200.
"Unrealistically high 3G bids were witnessed in the UK, France and Germany in early 2000 because large tranches of spectrum were on offer and data growth was expected to take off. However, data has been slow to grow globally. The US is the largest data market today and this growth has only been fuelled lately after the launch of the Apple iPhone," said a telecom expert.
The 3G auctions are scheduled to begin on April 9. The government is auctioning three 2x5 MHz slots in the 2.1 GHz band in Delhi, Mumbai, Kolkata, Maharashtra, Gujarat, Andhra, Karnataka, Tamil Nadu (including Chennai) and Kerala (all A Category circles), Haryana, UP East, UP West, Rajasthan, MP (all B Category circles), Orissa, Assam and North East (all C Category circles). Four slots are on offer in Punjab (Category A), West Bengal (Category B), and Himachal and Bihar (Category C).
BWA auctions for two pan-India slots of 20 MHz each will begin after the close of the 3G auctions. BWA is used for high-speed data and video applications. 3G is also a technology that is preferred for data - essentially for triple play or voice, data and video which is far superior to the 2G networks used in India.
Source: http://www.prlog.org/10585068-new-companies-to-bid-for-3g-spectrum.html
Saturday, March 20, 2010
Friday, March 19, 2010
TV good for business
"TV good for business – says entrepreneur at Acua Limited event"
The man who helped rescue Little Chef has told other businesses you won’t get fried by reality television.
Peter Ward has witnessed at first hand the huge impact Channel 4 documentary Big Chef Takes On Little Chef has had on the chain after his turnaround company RCapital paid £9 million to save the road side restaurateurs from administration in 2007.
The series saw Michelin-starred chef Heston Blumenthal revamp the Little Chef menu and the look of its restaurants under the watchful eye of chief executive Ian Pegler and has given the business a major lift according to Ward.
Speaking at a CBI West Midlands senior executive lunch hosted by Acua Limited at Coventry University’s TechnoCentre, he said: “It is a high risk strategy but one I would recommend to businesses when they feel they are ready.
“In fairness to Ian when he joined the business we had already committed to the programme with Channel 4 so it was sort of a poison chalice for him to pick up, but one he was very happy to and in the case of Little Chef it has been hugely successful for us.”
Ward, who has completed 25 investments in six years since launching RCapital with business partner Jamie Constable, said he would not hesitate to use reality television again.
“The impact of bringing someone like Heston Blumental to Little Chef, who was not an obvious match for the brand as he is seen as being a bit of a scientist in the kitchen, has been extremely positive and has given the business a big lift,” he added.
“While 93 per cent of the public recognised the brand name of Little Chef before the programme we didn’t have 93 per cent of the public going to Little Chef, but now we obviously have a lot more following the television programme.
“We have got one or two other businesses we are invested in that we would certainly do something similar to what we did with Little Chef if the opportunity ever arose.”
Source: http://www.prlog.org/10583609-tv-good-for-business-says-entrepreneur-at-acua-limited-event.html
The man who helped rescue Little Chef has told other businesses you won’t get fried by reality television.
Peter Ward has witnessed at first hand the huge impact Channel 4 documentary Big Chef Takes On Little Chef has had on the chain after his turnaround company RCapital paid £9 million to save the road side restaurateurs from administration in 2007.
The series saw Michelin-starred chef Heston Blumenthal revamp the Little Chef menu and the look of its restaurants under the watchful eye of chief executive Ian Pegler and has given the business a major lift according to Ward.
Speaking at a CBI West Midlands senior executive lunch hosted by Acua Limited at Coventry University’s TechnoCentre, he said: “It is a high risk strategy but one I would recommend to businesses when they feel they are ready.
“In fairness to Ian when he joined the business we had already committed to the programme with Channel 4 so it was sort of a poison chalice for him to pick up, but one he was very happy to and in the case of Little Chef it has been hugely successful for us.”
Ward, who has completed 25 investments in six years since launching RCapital with business partner Jamie Constable, said he would not hesitate to use reality television again.
“The impact of bringing someone like Heston Blumental to Little Chef, who was not an obvious match for the brand as he is seen as being a bit of a scientist in the kitchen, has been extremely positive and has given the business a big lift,” he added.
“While 93 per cent of the public recognised the brand name of Little Chef before the programme we didn’t have 93 per cent of the public going to Little Chef, but now we obviously have a lot more following the television programme.
“We have got one or two other businesses we are invested in that we would certainly do something similar to what we did with Little Chef if the opportunity ever arose.”
Source: http://www.prlog.org/10583609-tv-good-for-business-says-entrepreneur-at-acua-limited-event.html
Thursday, March 18, 2010
The Executive Master in Marketing
The Executive Master in Marketing from CUNY’s Baruch College offered in France at AGS
The American Graduate School of Business and Economics at the American Graduate School in Paris (www.ags.edu) now offers a one-year Executive Master of Science in Marketing (EMSM) degree. This program is taught in Paris, France, and is fully accredited in the United States as an affiliated program of the Baruch College at the City University of New York (CUNY).
The EMSM program is based on the same curriculum, teaching methods, academic standards and career-oriented approach as the one delivered on the CUNY campus in New York. It is taught by the Baruch College professors who fly in from New York for each course.
“The degree obtained by students studying in this program in Paris is exactly the same as the one obtained by students studying at CUNY in New York” explains Professor Ali Fatemi, President of the American Graduate School of Business and Economics at AGS. “Additionally, we have incorporated an extra dimension by blending this program with the French setting to enhance the international experience for students."
The EMSM at AGS provides students with the necessary tools to pursue careers in senior-level marketing and sales management, international market consulting, brand and product management, and corporate communications.
It features a comprehensive curriculum allowing students to develop a wide range of skills from advertising strategy to product distribution. The faculty seamlessly blends advanced marketing theories with practical business applications. An emphasis is placed on staying up-to-date with the latest marketing techniques and remaining on the cutting edge of industry trends.
“I am very proud to welcome at AGS this high-standard program.” says Alexis Delabre, Chairman of the Board of the American Graduate School in Paris. “The academic excellence and career emphasis inherent to this program make the AGS-Baruch partnership a perfect match.”
The Executive Master in Marketing at the American Graduate School of Business and Economics extends over one year and is organized in a modular format, accommodating the schedules of working professionals. It consists of ten courses, each taught over two weekends.
In the classroom a strong focus is put on group work and interaction. Class sizes are kept small and students are able to work closely with faculty and peers, building strong bonds and creating lifelong business relationships.
Applications for the first cohort, starting in the Fall 2010, are due by July 15, 2010. Applicants must have a recognized undergraduate or equivalent degree. Professional experience is valued.
The EMSM degree is accredited in the US by AACSB (Association for the Advancement of Collegiate Schools of Business) and by the Commission on Higher Education of MSA (Middle States Association of Colleges and Schools), through the Zicklin School of Business of the Baruch College at the City University of New York.
The American Graduate School in Paris (www.ags.edu) is a not-for-profit institution that offers U.S. higher education in France to students from every continent. It offers programs in Business and Economics and in International Relations and Diplomacy.
More information about the one-year Executive Master of Science in Marketing (EMSM) degree:
http://www.ags.edu/business-economics/executive-master-o ...
Source: http://www.prlog.org/10581776-the-executive-master-in-marketing-from-cunys-baruch-college-offered-in-france-at-ags.html
The American Graduate School of Business and Economics at the American Graduate School in Paris (www.ags.edu) now offers a one-year Executive Master of Science in Marketing (EMSM) degree. This program is taught in Paris, France, and is fully accredited in the United States as an affiliated program of the Baruch College at the City University of New York (CUNY).
The EMSM program is based on the same curriculum, teaching methods, academic standards and career-oriented approach as the one delivered on the CUNY campus in New York. It is taught by the Baruch College professors who fly in from New York for each course.
“The degree obtained by students studying in this program in Paris is exactly the same as the one obtained by students studying at CUNY in New York” explains Professor Ali Fatemi, President of the American Graduate School of Business and Economics at AGS. “Additionally, we have incorporated an extra dimension by blending this program with the French setting to enhance the international experience for students."
The EMSM at AGS provides students with the necessary tools to pursue careers in senior-level marketing and sales management, international market consulting, brand and product management, and corporate communications.
It features a comprehensive curriculum allowing students to develop a wide range of skills from advertising strategy to product distribution. The faculty seamlessly blends advanced marketing theories with practical business applications. An emphasis is placed on staying up-to-date with the latest marketing techniques and remaining on the cutting edge of industry trends.
“I am very proud to welcome at AGS this high-standard program.” says Alexis Delabre, Chairman of the Board of the American Graduate School in Paris. “The academic excellence and career emphasis inherent to this program make the AGS-Baruch partnership a perfect match.”
The Executive Master in Marketing at the American Graduate School of Business and Economics extends over one year and is organized in a modular format, accommodating the schedules of working professionals. It consists of ten courses, each taught over two weekends.
In the classroom a strong focus is put on group work and interaction. Class sizes are kept small and students are able to work closely with faculty and peers, building strong bonds and creating lifelong business relationships.
Applications for the first cohort, starting in the Fall 2010, are due by July 15, 2010. Applicants must have a recognized undergraduate or equivalent degree. Professional experience is valued.
The EMSM degree is accredited in the US by AACSB (Association for the Advancement of Collegiate Schools of Business) and by the Commission on Higher Education of MSA (Middle States Association of Colleges and Schools), through the Zicklin School of Business of the Baruch College at the City University of New York.
The American Graduate School in Paris (www.ags.edu) is a not-for-profit institution that offers U.S. higher education in France to students from every continent. It offers programs in Business and Economics and in International Relations and Diplomacy.
More information about the one-year Executive Master of Science in Marketing (EMSM) degree:
http://www.ags.edu/business-economics/executive-master-o ...
Source: http://www.prlog.org/10581776-the-executive-master-in-marketing-from-cunys-baruch-college-offered-in-france-at-ags.html
Wednesday, March 17, 2010
Referral Networking - The Best Bet For Small Businesses
Chaitanya Sagar, the CEO of p2w2 has been attending various conferences, seminars and events in New York, California and Florida for the past 2 months. He has been networking with entrepreneurs from varied fields. He shares some of his insights on how small business owners can improve conversions and drive sales.
Focus on Sales than on Branding
Mr. Sagar’s meetings with small business owners have been quite successful so far. In Mr. Sagar’s own words “people are willing to network”.
“As far as small businesses are concerned, networking is much more important than social media,” Mr. Sagar notes. “Social media needs a lot of time but can payoff in the long run. Social media is more about ‘Marketing and brand building’, whereas networking and referrals can lead to immediate ’sales’. “
SEO is Critical
Mr. Sagar made a presentation about Search Engine Optimization and Link Building at one of the social media events at Social Media Week event in New York and it was well received. Mr. Sagar felt that Marketing and Sales are just about the biggest challenges that small businesses face and that it is “very critical” for small businesses to have ongoing Search Engine Optimization for their websites. “Internet Marketing is definitely the right way to proceed for small businesses. The right strategy for achieving top search engine rankings is to get backlinks, especially relevant ones”, Mr. Sagar added.
For SEO and Link building services check out http://www.p2w2.com/link-building.php
Convert Contacts into Leads
Mr. Sagar also shared a few insights about getting the best out of such networking events. “Merely attending these events is not enough,” Mr. Sagar said. “It is very important to follow up one-on-one with the contacts you make during such events. Be clear of what your business goals are, and have solutions ready for your prospective clients. Most importantly, try to help others as much as possible - this will come back to you in one way or the other.”
About Chaitanya Sagar
Chaitanya Sagar is the CEO and one of the co-founders of p2w2. He is a Chartered Accountant by qualification, and has finished his MBA from ISB, one of India’s best B-schools. Mr. Sagar is also a qualified Excel Consultant. Check out Mr.Sagar's profile on http://www.p2w2.com/chaitanya_sagar/index.php
Source: http://www.prlog.org/10579857-referral-networking-the-best-bet-for-small-businesses.html
Focus on Sales than on Branding
Mr. Sagar’s meetings with small business owners have been quite successful so far. In Mr. Sagar’s own words “people are willing to network”.
“As far as small businesses are concerned, networking is much more important than social media,” Mr. Sagar notes. “Social media needs a lot of time but can payoff in the long run. Social media is more about ‘Marketing and brand building’, whereas networking and referrals can lead to immediate ’sales’. “
SEO is Critical
Mr. Sagar made a presentation about Search Engine Optimization and Link Building at one of the social media events at Social Media Week event in New York and it was well received. Mr. Sagar felt that Marketing and Sales are just about the biggest challenges that small businesses face and that it is “very critical” for small businesses to have ongoing Search Engine Optimization for their websites. “Internet Marketing is definitely the right way to proceed for small businesses. The right strategy for achieving top search engine rankings is to get backlinks, especially relevant ones”, Mr. Sagar added.
For SEO and Link building services check out http://www.p2w2.com/link-building.php
Convert Contacts into Leads
Mr. Sagar also shared a few insights about getting the best out of such networking events. “Merely attending these events is not enough,” Mr. Sagar said. “It is very important to follow up one-on-one with the contacts you make during such events. Be clear of what your business goals are, and have solutions ready for your prospective clients. Most importantly, try to help others as much as possible - this will come back to you in one way or the other.”
About Chaitanya Sagar
Chaitanya Sagar is the CEO and one of the co-founders of p2w2. He is a Chartered Accountant by qualification, and has finished his MBA from ISB, one of India’s best B-schools. Mr. Sagar is also a qualified Excel Consultant. Check out Mr.Sagar's profile on http://www.p2w2.com/chaitanya_sagar/index.php
Source: http://www.prlog.org/10579857-referral-networking-the-best-bet-for-small-businesses.html
Tuesday, March 16, 2010
Travel Management Group Praises British Airways
Travel Management Group Praises British Airways ‘flexibility’ Ahead Of Strike
A Midlands travel management company has praised British Airways for its ‘flexibility’ as the airline tries to deal with this weekend’s staff strikes.
Holidaymakers and business travellers are set to be affected by the cabin crew walk-out, which is in protest of staffing levels and working conditions.
But David Moore, business travel director at Leamington-based Travel Management Group, said BA is ‘doing its best’ to allow travellers to cancel, re-book or switch airlines, so that they are overly inconvenienced.
“This is an extremely frustrating strike because there has been so much uncertainty about it and the lack of advance warning has meant a scramble for everyone, particularly business travellers,” he said.
“It’s very hard to schedule events, conferences and meetings when you’re travel plans are up in the air, and it’s left people with just a few days to organise alternative travel.
“But in fairness to BA, it has tried to put customers first. They are allowing people who have booked to travel to cancel or re-book fairly simply and they’ve even helped some people to switch onto partner airlines or chartered flights.
“That has helped us – we’ve been contacting our customers as soon as flights have been cancelled to put alternate plans in place with as little disruption as possible.
“The fact that BA are trying to be accommodating is making our lives easier because we can re-organise faster and ensure we can call our business travellers to tell them their new details with minimal fuss.
“But this is a frustrating situation for everyone involved and I hope a resolution can be reached soon so there are no more inconveniences to passengers and businesses.”
Source: http://www.prlog.org/10578291-travel-management-group-praises-british-airways-flexibility-ahead-of-strike.html
A Midlands travel management company has praised British Airways for its ‘flexibility’ as the airline tries to deal with this weekend’s staff strikes.
Holidaymakers and business travellers are set to be affected by the cabin crew walk-out, which is in protest of staffing levels and working conditions.
But David Moore, business travel director at Leamington-based Travel Management Group, said BA is ‘doing its best’ to allow travellers to cancel, re-book or switch airlines, so that they are overly inconvenienced.
“This is an extremely frustrating strike because there has been so much uncertainty about it and the lack of advance warning has meant a scramble for everyone, particularly business travellers,” he said.
“It’s very hard to schedule events, conferences and meetings when you’re travel plans are up in the air, and it’s left people with just a few days to organise alternative travel.
“But in fairness to BA, it has tried to put customers first. They are allowing people who have booked to travel to cancel or re-book fairly simply and they’ve even helped some people to switch onto partner airlines or chartered flights.
“That has helped us – we’ve been contacting our customers as soon as flights have been cancelled to put alternate plans in place with as little disruption as possible.
“The fact that BA are trying to be accommodating is making our lives easier because we can re-organise faster and ensure we can call our business travellers to tell them their new details with minimal fuss.
“But this is a frustrating situation for everyone involved and I hope a resolution can be reached soon so there are no more inconveniences to passengers and businesses.”
Source: http://www.prlog.org/10578291-travel-management-group-praises-british-airways-flexibility-ahead-of-strike.html
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