NewCo
Telecommunications - Mumbai, Maharashtra, India
NewCo Details
NewCo (the proposed "Company") will be an Indian Media and Entertainment Company that proposes to deliver bundled Communications (Internet, Telephony, Television, IoT, Multiscreen, WiFi, OTT etc.) Services over a state of the art Wireline Telecom FTTH network.Seeking a Lead Investor(s)Total Project cost is $300Mn over a period of three years. Looking at raising $150Mn equityThe Company is expected to turn EBITDA positive within two years from launch. The Company valuation based on future discounted cash flows ~ $ 2BnService OfferingsCompany's service offerings can be broadly classified intoHome Infotainment including Television Broadcasting and value added services like Movies on Demand, Games on Demand, etc; All these covering multiple devices and OTTInternet, Broadband, Wireline Telephony services including digital Fax, Video Conferencing, SMS, Centrex, Security, Home Networking, Automation including IoT etc. for Homes and OfficesUnleashing many new revenue generating business models!Walled/Gated Garden - E-commerce/Banking/Education/Governance - supporting all Indian Languages.First-mover AdvantageMany of the business models and required technologies are innovative and disruptive.Fund infusion/Launch PlansThe detailed Business Plan/Proposition is in place. The Company expects to launch the operations in one year of the fund infusion.Will acquire over 5% market share within 3 yearsIt expects to cross the 10Mn subscriber mark in its first 4 years of opsLeadership TeamThe Leadership team consists of professionals from Business, Technology, Content, Advertising, Finance, Commercial & Operations and has hands on experience in all aspects of the Multi-play business. Additionally they have entrepreneurial as well as working experience with large Global and Indian Business Houses. Have led successful business startupsThe team is committed to the Company's future and is passionately excited about the growth potential.
NewCo Technologies
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