Pledges are pouring in. So far Wycler John raised $2 million.
Is a new trend in emerging in telecom – one of text donations? For insights we turned to John Hodulik of UBS
"I think the carriers will increasingly be involved in payments, very sophisticated payments like credit card payments, utility transactions, and sort of just day to day debit card type transactions," says Hodulik.
"But a whole new eco systems needs to develop, the credit card companies will be involved, the banks will be involved, the carriers will play a somewhat minor role but they'll definitely be able to monetize the growth in that area."
If you're looking to play the texting trend, it's good to know that one third of all communications in India is texting. I'd play it with VOD , counsels Tim Seymour.
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