Telecom is one of the few sectors that has not been hit ( or hit as badly) by the economic slow down world over. Closer home it  is one of the sectors still showing steady growth, however as is true for all industries in this time  it is a more sane and steady story now. It is coming of age of the hare!

This is also reflected in the kind of investments that we see in the sector. Getting a little more specific lets look at the M-VAS industry. (  I would like to attribute the following observations to a recent story in DNA Money http://www.dnaindia.com/report.asp?newsid=1238568 and One97 view of the industry )

Consolitation seems to be the key. A number of players in the VAS space are taking the merger and acquisition (M&A) route to expand their businesses. Experts believe the kind of money being raised by companies in the M-VAS space currently hints at a possible surge in mergers and acquisitions. A key indicator is the significant rise in the number of large quantum or Series B fundraising by mobile VAS companies.

(more…)