China’s Internet powerhouse Tencent’s revenue from PUBG Mobile and its new version, Game For Peace, crossed $4.8 million a day in May, becoming the worlds top grossing mobile app, according to a new report from mobile app intelligence firm Sensor Tower.
The two versions combined to generate an estimated $146 million in player spending during the month of May, about 126 per cent more than the nearly $65 million PUBG Mobile alone grossed in April, according to the estimate which excluded Android revenue from China.
Of the total revenue in May from PUBG Mobile, Game For Peace, nearly $101 million came from Apple’s store, and $45.3 million from Google’s platform.
Added together, the revenue from both versions of PUBG Mobile took in about 17 per cent more than the nearly $125 million made by second-place Honor of Kings, also from Tencent, Randy Nelson, Head of Mobile Insights, Sensor Tower wrote in a blog post, adding that the estimate excluded Android revenue from China.
“App Store and Google Play users worldwide spent an average of $4.8 million per day last month between both PUBG Mobile versions,” Nelson wrote.
“The chief rival to both of Tencent’s titles, Fortnite from Epic Games, had its best month so far in 2019 on iOS, but its total player spending of $43.3 million was only about 43 percent of Game for Peace and PUBG Mobile’s combined take for May,” Nelson said. (IANS)
The core beneficiaries of 5G will be enterprises which will dramatically change how telecom operators in India and rest of the Asia Pacific and Japan region earn their revenue in the next five years, a top executive of global networking giant Cisco said here on Monday.
“In the 5G era, telcos will earn 70 per cent of their net revenue from enterprises. Right now, only 30 per cent of their revenue comes from enterprises, while the rest comes from consumers,” Sanjay Kaul, Head of Asia Pacific and Japan, Service Provider Business, Cisco, told IANS during an interaction at the India Mobile Congress (IMC) 2019 here.
“This is a huge shift. For example, if you go to a factory and make it smart, you can significantly reduce their operating cost and telecom operators can then claim a share of the credit for reducing the cost of operation and earn some revenue in return,” Kaul added.
Cisco, he said, will be able to help telcos monetise their services as the company manages almost 70 per cent of internal network of most enterprises.
“5G+C=M. This means 5G plus Cisco equals monetisation. This is because Cisco brings in technology, it brings in the the know how of enterprises and enterprises are already our customers,” he said, adding that 5G will dramatically change the e-commerce sector, financial services, logistics and some manufacturing segments in the country.
“There is a good chance that 5G will transform the agriculture sector in India. For example, 5G may enable driverless tractors. The major impediment to driverless cars has been the lack of proper infrastructure. But with driverless tractors, you do not need proper lanes as chances of accidents in fields will be less,” Kaul elaborated.
For a robust 5G ecosystem in the country, a strong partnership among major stakeholders is a must.
“We are one of the core partners for Reliance Jio. We are a very strong partner of Bharti Airtel and Cisco is also working with Vodafone Idea,” he said.
“To bring 5G faster to the country, the government will have to make it viable for telecom operators to offer its services. It will have to reduce the prices of spectrum, increase fiberisation. Telcos will have to embrace transformation of their IP network and their data centre network,” he said.
During his address at the IMC 2019, IT Minister Ravi Shankar Prasad said that spectrum auction will be done within the current financial year and he also assured the industry that the government is bringing some reforms in spectrum pricing as well. (IANS)