Sunday, February 11, 2007

Vodafone bagged hutch

Vodafone bags Hutch for $19.3 billion

telecom giant Vodafone has bagged the 67% Hutch Telecom International
(HTIL) stake in Hutch-Essar at an enterprise value of $19.3 billion
(approx Rs 86,000 crore) which comes to $794 per share

I am just not reading charts ahead. This is a good acquisition for Vodafone and probabaly a desired one. This country is going to grow leap and bounds in terms of telephone subscribers.

next? .. Some one should ride a PC and internet revolution. Yeah Reliance and VSNL is up there with all the gears.

Retail. Man this is the place you should focus. Some one should focus on all the large real estate necessary for the firm to get started. All the DLF, Rahejas, Unitech do u guys hear this.