We've discussed at length the potential for TSi/TSN. However, often ignored is the competition that is operating in the same potential space as TSi.
Consider this article from 3yrs ago to give some idea of this (contract worth is equivalent to $90m AUD):
CMS WINS INDIA’S LARGEST ATM DEPLOYMENT CONTRACT FROM SBI TO SET UP 7,850+ATMS
Mumbai, October 18, 2013: CMS Info Systems, India’s leading Cash Management Services company, has won a contract from State Bank of India (SBI) to deploy more than 7,850 Automated Teller Machines (ATMs) across the country. This is the single largest deployment contract awarded by any bank in the country, valued at over Rs. 4.5 Bn, and will include Total Implementation Services, ATM installation, maintenance and support for a 7 year period.
CMS Info Systems will be installing ATM’s manufactured by Nautilus Hyosung of Korea. Hyosung is a leading provider of banking automation and self service solutions worldwide.
TSi Competitors
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