KanagaDeepan 1,084 Report post Posted March 14, 2011 (edited) Future Group eyes Rs. 18k cr rev from mobile telephony in 3 yearsMUMBAI: Retail to financial services to telecom conglomerate the Future Group said it is eyeing Rs. 18,000 crore revenue from its mobile telephony service T24, launched last year along with Tata group company, Tata Teleservices over the next three years. "We expect to add around Rs. 18000 crore to our (Future Group) total revenue from this service alone in the next three-years. This will come from the 10-million new customers we will have by then through this venture," Future Group Founder and CEO Kishore Biyani told reporters here. 18k crores in 3 years??? MAN, AirHELL paid just 12k crores for 20years 3G licenses and crying like they have paid too much money and very difficult to get it back soon... But here, on average 500 crores every month???? Target segment/customers of T24 (buyers from BigBazaar, etc) resides in metros/cities only, and their tariffs are NOT that mouth-watering for common/mango people (FREE TT is OK, but purchasing goods in BigBazaar means NOT mango man's cup of Tea).. Further they are saying about 10-MILLION customers??? But that can be easily achieved by fake activations But, then how come they can get 18k crores from T24 alone??? Atleast they should teach such techniques to Tatas and ADA, who are in deep thirst for revenue (Tata has thin margins and ADA has morethan 50kC loans)... Even if they currently have 1CRORE customers, they should get Rs500 AVERAGE REVENUE from ALL OF THEM, to get the so called 18k crores revenue in 3 years... BIG FAT LIARS... May be they are trying to use T24 to change their 18k crore money from black to white??? May be Govt should probe many foreign banks and we can expect such wonders in India often... Edited March 14, 2011 by KanagaDeepan Share this post Link to post Share on other sites
commonman 228 Report post Posted March 14, 2011 (edited) Kishore Biyani is an expert in inducing Indian customers to make unnecessary purchases by giving the carrot of freebies. So he may actually earn 18K crore in bigbazar and pantaloon profits by giving a few crores in free talktime against airtime purchased in bulk from tata. please note that the increase is supposed to be in "total group revenue" and not in mobile segment. Edited March 14, 2011 by commonman Share this post Link to post Share on other sites
