OnMobile to buy VoxMobili

by Thiyagarajan Maruthavanan (Rajan)

OnMobile to buy VoxMobili ,  interesting ! this news only points that the VAS offerings would be maturing from Voice/SMS to data services which is very good. Another interesting aspect is that trend of Indian companies making acquisition in other markets is gaining more steam.

This article quotes that VAS industry is a ~4000 crore market this year, is there any explanation/evidence to this. I have seen this number used by many taken from the IAMAI March 2007 report but the report itself was thrashed in the blogosphere for coming up with numbers out of blue without any basis or research.