Prithvi Information Solutions Limited, a Hyderabad-based software consulting, outsourcing and business solutions provider, is planning to foray into the domestic value-added services (VAS) space through the inorganic route during the next financial year.
The Indian telecom space would see four to five more operators getting added to the present 10-12 players. With plenty of fingers in the pie and the average revenue per user (ARPU) getting thinner, operators are now looking at VAS services to supplement their revenues. We believe this is a right time to tap the VAS segment, which would open new revenue streams for us, Sobhan Partha, head (TES Asia Pacific region), of Prithvi Information, told.
http://www.business-standard.com/india/news/prithvi-info-plans-vas-foray-via-buyout/387888/