An overview of the impact of demonetization on digital, telecom, payments, cable, device, Internet, and ecommerce businesses: Part 1: Telecom operators, ISPs, Cable operators and vendors 1. Airtel: Airtel noticed "some immediate impact in the few days post demonetization", which "was there for a few weeks, but like we saw in some of our other businesses, like DTH, that recovery was reasonably quick. There were some postponement of purchases, but it was quite quick." Airtel was hurt largely by Reliance Jio's "Welcome Offer" of giving data free. More details here. 2. Reliance Communications: "though a beneficial long term initiative, (demonetization) has resulted in short-term adverse impact for all operators by affecting the recharge behavior during the quarter. " 3. Idea Cellular: Idea reported "minor effects of demonetization", saying, "first and foremost, the impact of demonetization has been very minimum. So, most of the revenue decline is primarily on account of new entrant (Jio)." 4. Onmobile Global (Mobile VAS): "There was deterioration in revenues from India, mainly due to the reduced re-charge rates triggered by demonetization in November and December 2016." 5. Ortel (ISP & cable operator): "Collections in older subscriber base suffered due to the process of transition from Analog to Digital and demonetization. Demonetization and increased competitive situation impacted broadband subscriber growth (source) 6. Dish TV (cable operator): "Limited cash supply made people defer their DTH recharges by a few days or weeks depending on the urgency of other basic necessities. The impact was stronger in the second tier and below towns and cities as most…
