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RBT/CVAS revenue won’t be cannibalised by new product – Rajiv Pancholy of OnMobile

Mobile VAS and ring back tone (RBT) company, Onmobile Global reported a net loss of Rs 7.63 crore for the quarter ended December 31, 2015. Here we list the key takeaways from the call with analysts: On revenues: - Rajiv Pancholy, MD & CEO, “The situation in which we are operating today in many geographies is very challenging...see the utter unpredictability of what’s happening in markets of the world over. It’s nothing to do with OnMobile.. Legacy business is operating in various geographies where the economic outlook is anything but stable. Currency fluctuations are the norm and consumer behavior is very volatile… hence we are seeing more than the usual variability in performance in almost all the geographies in which OnMobile operates..” On Telisma sale: - Full divestiture of Telisma speech business unit for the purpose of getting speech recommendation…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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