NEW DELHI: UK-based internet service provider (ISP) New Call Telecom<\/a> is looking to acquire three-four new companies in the software and infrastructure segments to support its over-the-top (OTT), or app, strategy in India. It could invest around $300 million ( 1,920 crore) in the next six to 12 months in the country, CEO Nigel Eastwood said.<\/p>\n \n\t\"We have spent time over the last few months looking at a number of companies. We have got around eight-nine companies that we are talking to and three to four we would end up acquiring. We will be making announcements about two of them very shortly,\" Eastwood told ET.<\/p>\n \n\tHe added that these acquisitions will be aligned to the company's app plan.<\/p>\n \n\t\"Almost all of them are India-based companies. But one of the companies that we are talking to will be an interesting play coming to India. What we are looking to do is acquire complementary assets,\" he said.<\/p>\n Last year, New Call acquired messaging app Nimbuzz<\/a> and Delhi-based Wi-Fi Ozone<\/a> Networks. It was also in talks with a number of fixed-line broadband companies, including Delhi-based Nextra Teleservices. Those negotiations failed due to valuation issues.<\/p>\n On investments<\/a>, Eastwood said, \"We see investors now really warming toward what we are doing and really validating the opportunities. We have gone way beyond our initial expectations because that was just seed capital. And, we have got enough capital for what we want to do.\"<\/p>\n \n\tEastwood said the company is no longer actively hunting for a fixed-line company as it's strategically focused on the OTT plan.<\/p>\n \n\tNew Call is consolidating India operations in one office in Gurgaon. It will be hiring 100 people in the next six to 12 months to support the operations of all three companies.<\/p>\n \n\t\"We are acquiring other businesses and incubating new ideas and that's why we need people. That's my vision behind growing our business in India (and) getting behind the Digital India initiative,\" Eastwood said.<\/p>\n \n\tNew Call's acquisition of Ozone Networks is awaiting Foreign Investment Promotion Board (FIPB) approval. The application has been deferred a number of times. \"There's one last area that needed approval from one of the departments, but is taking a lot of time. The process is painful and should be a lot easier,\" Eastwood said.<\/p>\n \n\tSanjeev Bobby Sarin, founder and CEO of Ozone Networks, said the company is in talks with two of the top three telecom operators for Wi-Fi offloading and is pitching for the Bengaluru Airport Wi-Fi project. The company says it has deployed 6,500 access points and 1,500 public hot spots in 26 cities. It aims to reach one million hotspots by 2020. Offloading allows mobile phone companies to switch data traffic to wireless from cellular networks to reduce congestion. 新德里:英国互联网服务提供商(ISP)新电话电信希望获得三四新公司在软件和基础设施领域支持其过多的(OTT),或应用程序,战略在印度。它可以投资约3亿美元(合1920卢比)在未来6到12个月,首席执行官奈杰尔•伊斯特伍德说。 “我们花了时间在过去的几个月里看很多公司。我们有大约八十九家公司,我们说的和我们最终将获得三到四个。我们将很快公布的其中两个,”伊斯特伍德告诉等。 他补充说,这些收购将公司的应用计划保持一致。 “几乎都是印度的公司。但的公司之一,我们说的是一个有趣的游戏来印度。我们正在寻求获得互补资产,”他说。 去年,新的呼叫收购消息传递应用程序Nimbuzz和德里wi - fi臭氧网络。也与许多固网宽带公司,包括德里Nextra电信业务。这些谈判失败由于估值问题。 在投资伊斯特伍德说:“我们看到投资者现在真的变暖对我们所做的和真的验证的机会。我们已经超出了我们最初的预期,因为只是种子资金。我们有足够的资金我们想做的。” 伊斯特伍德说,公司不再是积极寻找一个固话公司的战略集中在奥特计划。 新电话是在一个办公室在古尔加翁巩固印度业务。它将雇用100人在未来6到12个月来支持所有三家公司的业务。 “我们是收购其他企业和孵化新思想,这就是为什么我们需要的人。增长背后的这是我的愿景我们的业务在印度,印度数字倡议,”伊斯特伍德说。 新的电话收购臭氧的网络正在等待外国投资促进委员会(FIPB)批准。应用程序已经多次延期。“还有最后一个区域需要批准的一个部门,但花费大量的时间。这个过程是痛苦的,应该容易得多,”伊斯特伍德说。 (Sanjeev鲍比沙林,臭氧网络的创始人兼首席执行官表示,该公司正与三大电信运营商的两个wi - fi卸载和投球的班加罗尔机场无线网络项目。该公司表示,它已经部署了6500访问点和1500 26个城市的公共热点。它的目标是到2020年达到一百万的热点地区。卸载移动电话公司可以从蜂窝无线网络数据流量开关以减少交通拥堵。
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\n\tNimbuzz, in which New Call holds a 70% stake, is the flagship for app development. It will be launching a number of new applications, which Eastwood said would be disruptive in nature and would address key issues in the communications segment of emerging markets.<\/p>\n\n<\/body>","next_sibling":[{"msid":48442928,"title":"GTL reports Q1 net loss of Rs 249.60 crores","entity_type":"ARTICLE","link":"\/news\/industry\/gtl-reports-q1-net-loss-of-rs-249-60-crores\/48442928","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":48444197,"entity_type":"ARTICLE","title":"New Call Telecom plans Rs 1,920-crore investment to acquire cos in India","synopsis":"UK-based internet service provider plans to acquire3-4 companies in over-the-top space","titleseo":"industry\/new-call-telecom-plans-rs-1920-crore-investment-to-acquire-cos-in-india","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"OUR BUREAU","artdate":"2015-08-11 23:19:31","lastupd":"2015-08-11 23:35:28","breadcrumbTags":["industry","investments","ozone","M&A","WiFi","Nimbuzz","New Call Telecom"],"secinfo":{"seolocation":"industry\/new-call-telecom-plans-rs-1920-crore-investment-to-acquire-cos-in-india"}}" data-authors="[" danish khan"]" data-category-name="Industry" data-category_id="18" data-date="2015-08-11" data-index="article_1">
Nimbuzz,新的呼叫持有70%的股份,是应用程序开发的旗舰。它将推出新的应用程序,伊斯特伍德说将是破坏性的,地址在通信领域关键问题的新兴市场。
NEW DELHI: UK-based internet service provider (ISP) New Call Telecom<\/a> is looking to acquire three-four new companies in the software and infrastructure segments to support its over-the-top (OTT), or app, strategy in India. It could invest around $300 million ( 1,920 crore) in the next six to 12 months in the country, CEO Nigel Eastwood said.<\/p>\n \n\t\"We have spent time over the last few months looking at a number of companies. We have got around eight-nine companies that we are talking to and three to four we would end up acquiring. We will be making announcements about two of them very shortly,\" Eastwood told ET.<\/p>\n \n\tHe added that these acquisitions will be aligned to the company's app plan.<\/p>\n \n\t\"Almost all of them are India-based companies. But one of the companies that we are talking to will be an interesting play coming to India. What we are looking to do is acquire complementary assets,\" he said.<\/p>\n Last year, New Call acquired messaging app Nimbuzz<\/a> and Delhi-based Wi-Fi Ozone<\/a> Networks. It was also in talks with a number of fixed-line broadband companies, including Delhi-based Nextra Teleservices. Those negotiations failed due to valuation issues.<\/p>\n
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