
ROI25per ( Date: 15-Nov-2010 08:40) Posted:
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It seems like spice not getting wat is committed from CSL as below
2.1.5 As contemplated by the JV Announcement, DEC committed to use best efforts to
achieve the Newco Forecast. Under the terms of the SHA, DEC has given a further
commitment in respect of Years 4 and 5, such that he has committed to use his best
efforts to achieve the following revenue and profit figures for Spice-CSL and its
subsidiaries (the “Extended Forecast”):
US$ (million)
Year 1 Year 2 Year 3 Year 4 Year 5
Revenue
90 150 200 280 350
Profit (before tax)
9 12 14 18 21
it is the foreign exchange gain that boost the profit to 3.122m, actual operating profit is 571k only
Foreign exchange gain/(loss) (Note 11) 3,982
Net cash generated from/ (used in) operating activities 571
New Harris Interactive Survey Projects 58.8 Million Americans Now Calling Abroad and Spending $23.8 Billion Annually
Posted November 5, 2010
New Harris Interactive Survey Projects 58.8 Million Americans Now Calling Abroad and Spending $23.8 Billion Annually
36% of Hispanic Respondents Make International Calls and Spend an Average of $46/month with over 58% Willing to Pay for International Video Calling
San Francisco, USA & Stockholm, SWEDEN
November 5, 2010
Rebtel, the world's largest independent mobile VoIP company, today announced part two of a two-part survey conducted on their behalf by Harris Interactive online in September, which measured consumer sentiment on International calling services and providers.
According to the study, 1 in 4 U.S adults make international calls, and of those who spend money to make such calls, the average spend is approximately $34 every month. With an estimated 235 million U.S. adults, this works out to roughly 58.8 million Americans shelling out nearly $1.98 billion on international calls outside of the U.S. monthly and $23.8 billion annually.
For adults who make international calls, the majority do so using a landline (51%), either a traditional landline service provider (42%) and/or a VoIP service such as Vonage (12%). Another 44% make international phone calls via their mobile phones, through carrier calling rates (25%), special long distance packages (20%), and/or a VoIP service/application (9%). Another 25% of those who make international phone calls do so using their computer through software based services like Skype, while 20% use calling cards and 4% use something else.
"The international calling industry for calling from the U.S. abroad is now estimated at a $23.8 billion market," said Andreas Bernstrom, CEO of Rebtel. "Over the next few years we believe this will shift in a dramatic way, to low cost calling solutions on mobile phones away from the landline."
Men call Mars. Women call Venus.
· Of those who make international phone calls men are more likely than women to do so via their computer through software based services like Skype (31% vs. 19% respectively).
· Men are more likely than women to say that if they were going to change the way they make international phone calls they would switch to use their mobile phone VoIP service/application (10% vs. 2% respectively) or a landline (26% vs. 10% respectively).
· Men are more likely than women to say they make video calls (16% vs. 11% respectively). Of men and women who do make video calls, men are also more likely than women to say that they would be willing to pay a monthly fee to be able to do so (42% vs. 24% respectively).
Ethnic breakdown: General U.S populations vs. Hispanic and Black/African American respondents
The study also took a look at two of the most heavily represented ethnic groups and found that Hispanic respondents led the way in international calls with 36% saying they make them, whereas only 26% of the Black/African American respondents said they make calls internationally.
Have a smartphone with an application for international calling:
Hispanic respondents - 14%
Black/African American respondents - 14%
U.S / General population - 8%
Make video phone calls:
Hispanic respondents - 22%
U.S / General population - 14%
Black/African American respondents - 10%
Those who make video calls would be willing to pay a monthly fee for the service:
Hispanic respondents - 58%
Black/African American respondents - 37%
U.S / General population - 34%
For those who spend money to make calls, the average spent per month is:
Hispanic respondents - $46
Black/African American respondents - $35
U.S. / General population - $34
This survey was conducted online within the United States by Harris Interactive on behalf of Rebtel from September 1 - 3, 2010 among 2,258 adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact Eric Gonzalez at eric@vscconsulting.com.
Contacts:
Eric Gonzalez
VSC PR for Rebtel
415-272-0836
eric@vscconsulting.com

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Business Times - 25 Oct 2010
Spice
i2i ramps up Singapore operations
It's preparing itself for a foray into more regional markets next year
By WINSTON CHAI
MAINBOARD-listed Internet telephony firm Spice i2i will ramp up its Singapore operations as it readies itself for a foray into more regional markets next year.
And beyond flooding these countries with Spice-branded handsets, the company intends to emulate Apple's recipe of tying hardware and software together with a strong retail network.
By 2011, the company wants to make its presence felt in 10 countries that fall within its so-called i2i (Ivory Coast to Indonesia) region, according to Spice i2i chairman Bhupendra Kumar Modi.
Formerly known as MediaRing, the firm was rebranded Spice i2i last year after Mr Modi's Indian conglomerate - the Spice Group - acquired a $60 million stake in the Singapore company and became its single largest shareholder.
Its local office, now located in Chai Chee, will be consolidated into a mega 120,000 sq ft complex in Ubi Avenue 4 by January next year, Mr Modi revealed.
The new multi-million-dollar building will serve as Spice i2i's global headquarters. In addition, it will house a design and procurement centre, as well as functions such as human resources, finance and training.
A bigger office is needed to accommodate the company's aggressive expansion plans and future ambitions, Mr Modi said.
The former incarnation of Spice i2i was focused largely on the development of software for mobile phones.
After the re-branding, it also has handset production affiliations in India and Malaysia.
However, the new company will need to supplement these capabilities with a strong retail presence and the ability to offer additional 'value-added services (VAS)', Mr Modi told BT in an interview.
'We have to give devices but we must also have a retail chain to deliver the experience to the customers,' he said, adding that VAS will be used to help tailor Spice's offerings to suit language, lifestyle and cultural nuances across the region.
'We are aligned to the Apple (business) model,' Mr Modi said.
To help fill its business gaps, Spice i2i has gone on a merger and acquisition spree in the past nine months, and more moves can be expected soon.
At the start of the year, the group bought an Indian IT services firm and a call centre for US$2 million. A month later, sister company Spice Mobiles picked up a 65 per cent stake in a handset joint venture with Malaysia's CSL.
Spice i2i also raised $133 million from a cash call in June this year and will use the proceeds to fund more acquisitions, Mr Modi said.
Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.