Jump to content
Reliance Jio & Reliance Mobile Discussion Forums
Sign in to follow this  
@ksh@T

Telecom Firms Earn Rs 175 Cr On New Year's Eve

Recommended Posts

NEW DELHI: Government and private telecom firms had a windfall of sorts on the New Year eve, which earned as much as Rs 175 crore.

People sent their greetings through SMSes rather than through the traditional ways of posting cards and letters to their friends and loved ones, generating a revenue of about Rs 175 crore New Year's eve and the first day of 2008, industry body Assocham said.

During Diwali last year, earnings of the telecom companies were estimated to be about Rs 165 crore. However, revenues for the postal department and courier companies like Blue Dart, DTDC and DHL dipped as about 40 million people across the country chose to send their New Year and diwali greetings through SMSes and purchased gifts online, the chamber said.

"This phenomenon would intensify in the years to come and the postal department and courier companies need to think out of the box and find innovative ways to regain lost ground," Assocham Secretary General D S Rawat said.

As per estimates made by the chamber, e-cards and e-shopping sales for and Diwali 2007 and New Year registered a growth of 120 per cent, generating revenues of Rs 110 crore on December 31 and January 1.

On the other hand, revenue of the Postal Department was between Rs 15 crore to Rs 18 crore for December 31, while for Diwali 2007, they were in the range of Rs 8 to Rs 10 crore.

Similarly, revenue losses of courier companies are estimated to be in the range of Rs 16-17 crore on New Year's Eve.

Share this post


Link to post
Share on other sites

^^^

My dear friend, these looters have started their year with Rs.175/- crore. Only God knows how they are going to loot us throughout the year ?

Regards.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

×