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Mobile operators get fixed price spectrum renewal in $3b Government windfall

The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.

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Indian offshorers move offshore

IT Industry - Market



“We choose such locations primarily as the language skills are not scalable in India. Moreoever, clients want to have cultural proximity,” Progeon CEO, Amitabh Chowdhry said.

A couple of months ago, Genpact, a leading BPO, acquired US-based MoneyLine Lending Services, a mortgage origination and fulfilment services firm. Genpact's President & CEO Pramod Bhasin said “Not only does this acquisition give MoneyLine access to our global delivery capability but also enables Genpact to deepen its offerings in the mortgage services business.”

Meanwhile, companies that are have not made any acquisitions are also now looking across Indian shores even for a partnership kind of a tie-up.

For instance Mumbai-based Intelenet Global Services has a partnership with Transcom, a European customer services provider, which allows it to offer services in a number of languages.

However, the kind of numbers most companies are looking at in these geographies are a maximum of 1000-seat operations. If it is EU or South America, the figure would touch 300-350 but if it is in established hubs like the Philippines or Ireland, it could go up to even a 1000 call center agents.

“Although the numbers are quite small at this moment, we should look at it as a first step forward. Eventually, this would be big,” Bhargava said.

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