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OnMobile renews ring back tone deal with BSNL

Mobile VAS and ring back tone company OnMobile renewed its deal with state-run telecom operator BSNL, the company said in a BSE notification. According to the deal,  OnMobile will continue to provide ring back tone customers in BSNL in South and East zones with an option to extend to the fourth year as well. The deal assumes significance as India revenues at the company have been falling. In the quarter ended September 30, India revenues was 22% of the company's total revenues compared to 28% of the revenues in the same quarter last year. India revenues was Rs 45.1 crore, down 21.6% from approximately Rs 58.09 crore from the corresponding quarter last year. In comparison, International business accounted for 78% of the total revenues or Rs 161.46 crore, up 8% y-o-y. OnMobile had also mentioned that it had won western circles from Airtel for Ring Back…

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