Un-banked Pay by Phone Service for ‘Financial Inclusion’ and ‘Micro Finance support’.

Universal un-banked by Phone Service for ‘Financial Inclusion’ and ‘Micro Finance’ support for empowering people in the lower socio-economic strata across the country.   http://wp.me/p1ZsI2-4E

Press CTRL key and click the caption to see the article.  Universal Un-banked Money Management by Phone_250313

A presentation is in the link  >>>  MTM_Presentation_230513(N)

I am astonished to see that the Government / DOT, the Regulator, and the Telecom industrialists never care to have a realistic evaluation of the current and future India   Telecom environment. There will be exponential growth of customer volume, mostly from the rural India a good part of it will be from green field projects. The sheer nature of environment and expected low revenue model, call for Systems and Networks with low CAPEX and OPEX.

The high CAPEX/OPEX and low revenue potential make the private Telcos currently shun to expand business into the rural areas of the country, making it the responsibility of the Government to provide the service in these areas using BSNL or Govt. supported PSU exclusively for this purpose.

To keep the systems, and network cost low, there shall be only few (two or three) PAN India Network operators to serve entire country. There can be many Virtual Service providers who share these systems and networks.

The systems and networks shall be futuristic based on redundant networked Optical Fiber Cable long haul and  short haul connectivity supporting MPLS and modern wireless networks for the end links supporting LTE technology.

The system shall be available, accessible and affordable and easy to use by all phone users.

Financial inclusion of all especially those in the lower socio-economic strata across the country, the system shall provide in addition to telephony and data  and multi-media services, non-telephony based value added services such as un-banked and non-internet dependent ‘Pay by Phone’  services as being suggested in my article  Un-banked Pay by Phone Service for Micro Finance http://wp.me/p1ZsI2-2o

The keep the cost to user low,  the system shall work on low cost mobile devices and solar based power units and at negligible or low cost of usage.

Instead of endless squabbles on spectrum, the government, regulators and the Telcos shall look at the futuristic technologies and take decisions accordingly.  2G, 3G, 4G are just evolutions and nobody would need to buy spectrum at high cost for different technology systems in the evolutionary path. And who needs that sort of spectrum with MPLS run on OF network and IP exchanges going is becoming the technology to bank on.

See my blog ‘Universal Money Management by phone.   http://wp.me/p1ZsI2-4g

P. Abraham Paul  e-mail: papaul1438@gmail.com Tweet @PA_Paul


About Abraham Paul

Vision & Objective: Telecom has always been the passion of my life. After 60 years of outstanding career and many personal contributions to the industry, I still have same urge, and desire to give back to the industry, the abundant experience, knowledge and potential acquired, by providing consultancy service to forward looking enterprises and entrepreneurs in Legacy and New generation Telecom & IT in the areas of Business Management, Technology, Engineering and Services. Apolitical and religiously unbiased.
This entry was posted in IT based services, Social and Community affairs, Telecom Technology. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s