It is interesting to know that the Red Herring finalist for December 2007 is a company engaged in innovative content and applications for mobile multimedia and mobile TV. However it should not really come as a surprise considering that the Aug 2007 award also went to Mobile multimedia co. of China, - a mobile interactive video entertainment provider. China and India are yet to have mobile TV services introduced via terrestrial broadcast or 3G networks in a regular manner. At present 3G spectrum remains to be allocated and it is the 2.5 G networks which are used to deliver the “interactive multimedia services”.The licensing process for mobile TV is yet to take off.
This highlights the high potential which is waiting to be unleashed in these markets. As per the Indian regulator’s report released on Dec 24,2007 the number of mobile customers in India grew by 8.85 million in Nov 2007 alone.

What scenario can be envisaged when 3G spectrum is allocated and these networks come into existence in a year from now ? The mobile TV licenses for terrestrial delivery of mobile TV should also be in place by then. In China the driving factor is the 2008 Olympics.

The number of TV channels in India ( as also Asia) has been growing very fast again highlighting the need for regional and local content as the economies grow in excess of 10% per annum.

The three major trends- high economic growth, buoyant growth in mobile networks and need for innovative content for mobile Tv and mobile multimedia will usher in an explosive growth in the revenues for companies engaged in mobile multimedia.

This also matches the high level of private equity which is now flowing in these sectors.

A bit frivolous post - but couldnt help but LOL… A quick glance on the topic of this post - and I read it as
“Holidaying on VC money”!

Slow down Su, read properly.

btw, a v interesting blog.

-Su
http://bangalorebuzzz.blogspot.com

I mean frivolous comment and NOT post!!! apologies
-Su
http://bangalorebuzzz.blogspot.com

excellent post

At present 3G spectrum remains to be allocated and it is the 2.5 G networks which are used to deliver the “interactive multimedia services”.The licensing process for mobile TV is yet to take off.
This highlights the high potential which is waiting to be unleashed.