wordpress blog stats
Connect with us

Hi, what are you looking for?

Spice Mobility Plans To Become A Mobile Internet Company

There talk of a change in approach from BK Modi’s Spice Group – the group is repositioning Spice Mobility as a ‘Mobile Internet’ company, from being a technology company (rather handsets+services). From the statements and reports we’ve read, there is hardly any clarity on what is really going on, so we’ve requested the company for an interview for more details; In the meantime, some headline grabbing statements in the press release:

– Spice Group’s handset, retail and VAS operations are going to be brought under one fold.
– Planned investments of Rs 1000 crore for FY 2011
– a Supply Chain, R&D and market intelligence to be headquartered in Singapore
– a Seven cluster distribution model to dominate Indian mobile retail,
– Rs 120 crore worth of shares set aside for employees in the employees welfare trust pursuant to the approved Scheme of Amalgamation
– a Global Knowledge Center set-up at Noida

The company has declined to share a copy of a presentation made to the press (in Delhi, yesterday) with us. We didn’t know about the press conference.

You might want to read a fairly detailed chat we had with Samir Gulve, then a Joint Managing Director at Spice Mobility, in January, wherein he explained to us the groups plans for a fascinating modular approach to the business – with plans for Channel companies, Product companies, and a separate Enterprise business. It appeared as if the company was looking to create a separate channel for consumer services altogether, piggybacking on a mobile Internet infrastructure, but not necessarily beholden to telecom operators.

Their plans couldn’t have changed that much in such short a time, could they? We’ll update if we have more. If you know – please contact us at nikhil at medianama dot com

Advertisement. Scroll to continue reading.

You May Also Like


Digital payment transactions through Prepaid Payment Instruments — which includes both Mobile Wallets and PPI Cards combined —stood 438.7 million transactions  at the end...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ