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Earnings Review: Demonetization impact on telecom, media & Internet ecommerce

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…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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

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