Thursday, September 2, 2010
A Mail to the Editor - Manchester United - We are still the club to beat
Tuesday, June 15, 2010
Randomly Inconsistent Thoughts....
Sunday, April 18, 2010
An attempt at demystification of 3G Auctions
- What is exactly being auctioned ?
2. Are 3G spectrums being auctioned across the country?
Spectrums are being auctioned in blocks for each circle. The number of blocks for each circle is generally 3 blocks except in the cases of Punjab, West Bengal, Himachal Pradesh, Bihar and Jammu & Kashmir where the number of blocks up for auction are 4. In case of BWA, each circle or service area (as it is referred to in the invitation for bidding) has 2 blocks up for bidding. Not more than one block of 3G spectrum and one block of BWA spectrum shall be allocated to any single bidder in a service area.
3. What is the actual number of blocks being auctioned ?
The notice inviting applications for bid indicate that one block of 3G spectrum and BWA spectrum is reserved for the BSNL/MTNL in each service area. Accordingly, they would not be participating in the auction, but shall be required to match the Winning Price achieved in the respective service area in the 3G Auction as payment for the spectrum allotted to them. The frequencies of spectrum to be allotted to BSNL/MTNL have also been determined.
4. Can all entities bid for 3G Licenses?
Entities who either hold Unified Access Services Licenses or Cellular Mobile Telephone Services Licenses or entities who have experience in providing 3G services and have given an undertaking to obtain the UAS/CMTS licenses are eligible to bid.
5. When will the services actually begin?
The 3G and BWA services are to be rolled out within 5 years from the effective date (which is later of the date award of the spectrum or date of grant of the UAS license) with more emphasis on metros (90% coverage required while other areas require 50% coverage). One small detail - the right to use the spectrum is valid for 20 years.
6. Where are the auctions conducted?
The use of term auction brings to mind the movie scenes which are typically associated with auctions with the person in charge using the hammer to good effect. Well this one is over the web using an Electronic Auction System!!!
7. How are the winners determined?
The auction is a two stage process. A clock stage will estsablish the bidders to be awarded a block in each of the service areas (bidding will be for a generic block i.e. not linked to any specific frequency). The clock stage will consist of a number of rounds. The number of round will stop when the number of bidders at the price set in the previous clock stage is less than or equal to the number of blocks available for that particular service area. So prima facie it seems the auctions will stop when purchasers (without any competition) are identified for all the blocks. The second stage, more of a formality, is the Frequency Identification Stage which would involve identification of the specific frequency for the identified successful bidders.
Notwithstanding the limited understanding of English Language, it seems that at the beginning of each round a price known as Clock Round price shall be determined and it shall continue to be revised for the next round (if required) based on the excess demand for that service area. This process shall continue till the excess demand has been eliminated. The first clock round price shall be reserve price. The excess demand shall be the difference between the total number of bids which are at a price equal to the Clock Round Price set for the previous round and the number of blocks available.
The price increment based on excess demand is based on a formula which requires a 1% increase in the CRP if there is "0"/"1" excess demand (excess determined as per the formula discussed above), 5% increase for excess demand of "2" and a 10% increase for an excess demand of "3". There are absolute limits on price increase based on category of circle as well which range from Rs. 7.50 crores to Rs. 40 crores (it is different for different categories of circles).
One more condition for the clock stage to end is Activity Requirement of 100%. Each block belonging to a specific category of service area has eligibility points associated with it. So for example blocks within a metro have 5 points associated with it, Category A and B has 4 points associated with it and Category C has 2 points associated with it. The initial eligibilty based on earnest money deposit made by the bidder is 11 (one block for each category) and activity requirement for the first round is 80%. In case bidder bids for circles more than 9 points, bidders eligibility shall continue to be 11. In case he bids for less than 80% of 11 say 4, the eligibility for next round for that bidder shall be 5(4 divided by 80%). The Activity Requirement shall be increased from 80% to 100% in a two step process.
So at the end of it all the report which is available at the beginning of first paragraph, indicates that 40 clock rounds have passed till now and there is excess demand in some circles which would mean the prices are to increase further for such circles. The activity requirments at this stage does not seem to be available in public domain. However given that it has gone into 40 rounds, it should be getting to a stage where it is 100%.
Inputs to this attempt at demystification are welcome.
Sunday, January 24, 2010
Love Thy Neighbour...!!!!
Friday, January 15, 2010
For the Record !!!
Producer - The producer charges a minimum guarantee fee before the movie in return for film rights in a territory within the country. Producers can recover up to 30 per cent of the cost of the film, pre-selling it to distributors. If the movie does well and the distributor recovers his money, any additional inflows get divided between the two. We are talking exclusively of ticket sales and do not include satellite rights, music rights and so on.
Exhibitor - The old system in which distributors paid a rental to the theatre irrespective of whether the movie ran or not is rapidly becoming history. Under a new system revenue gets shared between theatre owners and distributors. Generally, in the first week of a release, the split is evenly 50:50, in the second week the producer gets 40 per cent and the exhibitors the rest, in the third week the producer makes 30 per cent and if the movie continues into the fourth week, he gets 25 per cent of the collections.
This just confirms what one suspected all the while. The resetting of records has to be taken with a pinch of salt....a lot of it has to do with the scale of production as well....the number of prints which are released is possibly a very important determinant. 3 Idiots released with a record 1892 prints across the world...To say that Kabhi Khushi Kabhi Gham released with a paltry 635 prints..
Possibly we need to change the way we judge the success our movies achieve....Having said all that, one must give credit to Aamir Khan who takes so much pain for each of his movie.....Come this February...i expect ET to carry this "My Name is Khan grosses all time highest collections"!!!!
Wednesday, January 13, 2010
Something about terrorism...
For terrorism to thrive, it needs tacit support of atleast one section (howsoever small they may be) of the population who empathise with the cause. For e.g. forcing shopkeepers to shut down their shops purely on account of the fact that the leader of a political party feels prices are too high (no doubt as to whether these guys are terrorists or not!!!) cannot be sustained unless a portion of the population wants to take a day off and shit at home. Precisely what ails Bengal.
Another form of terrorising people potentially is writing one's blog and push it to your face by linking it to Facebook!!!! Anyways hoping for a terror free world....yours terrorisingly....AV
Sunday, January 3, 2010
Artists i discovered/rediscovered in 2009
Coldplay/Speed of Sound - The year began with rediscovering "speed of sound" - the song which i remember since probably for the past 6-7 years. Till the beginning of the year i adored the song for the lyrics and instruments used in the song apart from the song as a whole of course...Only after delving further into the songs of coldplay did i realise that this was typical coldplay....amazing lyrics...amazing use of instruments...piano, guitar, drums....To name a few of my coldplay favourites ....yellow, clocks, fix you, swallowed in the sea, talk.
Maroon 5 - When you start of listening to Maroon 5, the song "She will be loved", what strikes you is the unconventional voice of the lead singer. Lyrics need to make sense for a song to be good, whatever be the subject. These guys are pretty good at what they do. Have a couple of other songs as well which are very very ear friendly.
Pritam - Call him names for lifting the odd song from indonesia or honolulu for that matter, but you cant deny credit to this man for dishing out song after song after song through the year which sound music to the ears (pun intended!!). Be it the tracks of love aaj kal or ajab prem ki ghazab kahani or tum mile or new york....the sheer consistency in belting out chartbusters never ceases to amaze me....Although he does the rotten movies too, he does save the best for the best. He has probably taken HR's place as the music director for the masses (till HR returns of course!!).....
Strings - I have always been a Strings fan ever since i watched and heard "Duur" and "Anjane" on Channel V in 1999 or 2000. And have kept track of most of their songs thereafter. But this year got their songs on to my mobile..........Duur, Anjane, Na Jaane Kyun, Zinda, Aakhri Alvida to name a few. They are sensational to say the least and some of the lyrics which they have got on their song is one of the best ever probably.........especially zinda....cant have enough of them!!!
Udit Narayan - Pritam brought with him the trend of using unconventional singers....guys who used to sing only for their albums....mohit chauhan, neeraj sreedhar, atif aslam etc...and not demeaning all of them (they are great too)...the music directors somehow seem to have forgotten Udit Narayan. The fact that i missed his singing became clear when i heard "Sau Janam" from Whats Your Rashee. The freshness of the voice (along with the image of him singing with open arms and a wide smile) was divine. Pity we dont hear of him too much these days.
Rahul Sharma - I heard Rahul Sharma for the first time two, three or four years back while surfing channels. The memory of the santoor still remained somewhere in the corner of the mind. And when i sat down to download songs on a cold January (2009) morning, it came rushing back from the corners...My limited knowledge of music notwithstanding, I never imagined somebody could do so much with a santoor and possibly come up with a tune where santoor plays with drums in the background...Listen to the pieces of music in your earphones and they are gems.....
Phil Collins - For people who are struggling to recall who is phil collins i can make two attempts :
- The scene in hangover where mike tyson asks the protagonists to shut up since his favourite part of the song was about to play - "In the Air tonight" was the song and is something differently good,
- Another day in Paradise is a song which i think lots of us have come across somewhere.
Phil Collins has a very unconventional voice with a great feel...try him out...apart from the two mentioned above, try "One more night" and "Cant stop loving you".
Suresh Wadkar - The three or four lines which he sang in "Raat ke Dhai Baje" in Kaminey were as good as the two or three lines Alka Yagnik sang in "So gaya ye jahan" in Tezaab. He sounded refreshingly soothing to the ears (am using such adjectives for want of better adjectives).
And a special mention to the album that was Kaminey. "Raat ke Dhai Baje", "Kaminey" (title track), "Phatak", "Dhan te Nan", "Pehli Baar Mohabbat" were all masterpieces in themselves in all aspects..... the rendition by the singers, music, lyrics (by Gulzar).........
I am sure i am missing out on quite a few of my favourites, but i guess one never can cover all songs.....the quest for music continues