Monday, December 1, 2008

Expect Tanla Solutions to do well: Harit Shah

(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/expect-tanla-solutions-to-do-well-harit-shah/)
Harit Shah of Angel Broking expects Tanla Solutions to do quite well going forward. Over the next 4-5 years one should expect data revenues to pick up so this a pretty scalable business.

"Tanla Solutions is into a pretty scalable business, they are basically focused on the mobile non-voice space so globally while voice revenues are falling for mobile operators particularly developing countries where the penetration rates are higher and the subscriber growth is slow, data ratios are still raising for companies like Vodafone so that is one area where they are looking to capitalize and they have done a good job so far, they have relationship with major operators like Vodafone, O2 and so on, so that boasts quite well, they have expanded recently into countries like Spain, South Africa, US and also India so India with a 3G auction scheduled quite shortly and over the next 4-5 years we should expect data revenues to pick up so this a pretty scalable business, there is good profitability also so we do expect this company to do quite well going forward."

Source : MoneyControl

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