Videocon aims Rs. 1658 cr in FY 17-18, to foray into Smartphone accessories market

Videocon aims Rs. 1658 cr in FY 17-18, to foray into Smartphone accessories marketVideocon Telecom is ready to consolidate its topline revenue of INR 1658 Cr in the current financial year i.e. 2017-18 from its existing, newly setup and upcoming business lines.

“Among the company’s existing business lines is its Broadband & FTTH business in Punjab, Haryana & Himachal Pradesh. The company is the market leader in Punjab and aims to maintain its revenue & customer market share (RMS & CMS). Videocon plans to expand its footprint in the circle by adding another 15% fibre this year in addition to its existing 6000 KM fibre. “Maintaining our leadership position in Punjab, we aspire to increase our RMS from by another 4% by 2020”, said Arvind Bali, CEO, Videocon Telecom on the development and growth of business .

Videocon also provides B2B Enterprise Communication solutions under the brand name of ‘Videocon Edge’. The vertical is engaged in providing Enterprise communication solutions including Bulk SMS, OBD(out bound dialer)/IVR (interactive voice response), Toll Free Solution, Shortcode and Longcode solution etc. “Looking the potential of the market, we had setup the Enterprise communication solutions vertical last year. The vertical has done fairly well last year, created a good funnel of Enterprise and Govt sector customers. The Enterprise Communication solutions market is estimated to be approximately 1600 Cr, and considering we are a recent entrant in the market, we are targeting a fair market share this financial year. Our ambition is to be among the Top 3 players in the market by 2020’. We will be providing various industry first solutions to our customers including beacons for proximity marketing and chatbots etc. to create differentiation and value addition to our corporate customers.” commented Arvind Bali….Read Morehttp://www.varindia.com/news/videocon-aims-rs-1658-cr-in-fy-1718-to-foray-into-smartphone-accessories-market

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s