OnMobile's had a tough quarter, with a significant 28% decline in India revenues, but a significant growth in International business across markets, with more deployment, more revenues. More on that here. Here are our notes from the conference call: 1002 hrs: Reasonably satisfied with the results, with the uptake of services in Latin America and Africa. There's an increase in RBT in Europe. Coming to India: Indian business in under stress, and we expect it to continue for 1-2 quarters before it moves in the positive directions. There have been meetings with operators and TRAI. Everybody is converging on the solution, and which will be not be as onerous as the september directive. We are continuing to work on making the initiatives focused. There's a minor impact on the current quarter, but it will increase with time. International business has contributed 54% of revenues. Latin America is robust, up 105%. Africa revenues are predominantly coming from RBT. In Europe, we have secured 2 major contracts for marketing services, and have seen good revenue growth. India continues to be depressed, and it contributes 36% of our overall revenues. The degrowth between Q3 and Q2 is because of one operator, where some circles, we were replaced by another party, and regulatory issues. We've started derisking, and launched a proof of concept with the government of Karnataka. 1008 hrs: Emerging markets have gone up to 40% of revenue, and developed markets to 20 percent. 1009 hrs: Mouli Raman, has been unanimously selected by…
