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Online edition of India's National Newspaper Wednesday, September 26, 2001 |
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RPG Cellular to offer value-added services
By Our Staff Reporter
CHENNAI, SEPT. 25. RPG Cellular plans to offer innovative value-
added services based on short messaging services (SMS). Data-
based information on day-to-day events, mobile banking and
ticketing are among the services it is proposing to offer,
according to Mr. D. R. Mehta, Managing Director.
Addressing a press conference here today, Mr. Mehta said revenue
generating messages for the company were about 30,000 a day.
The company was charging Rs. 1.50 per outgoing message. Value-
added services were expected to account for 5 per cent of its
revenue, said SMS had been gaining currency among its clientele.
Mr. Mehta said the company had a subscriber base of about 93,000.
Of this, 55 per cent comprised pre-paid segment and the remaining
post-paid.
To a question, he said the company had been earning a monthly
cash profit of Rs. 2.50 crores and a net profit of Rs. 1.50
crores.
The company, he said, was in an expansion mode. Of the total
planned investment of Rs. 85 crores, it had already spent about
Rs. 50 crores. The balance was being spent in the second phase
which had already begun.
Mr. M. Padmanaban, vice-president (marketing), said the company
was offering a new post-paid tariff plan, `CallMe', which
provided free incoming calls.
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