Hutch and Vodafone

t h e b & e s e c t o r telecom VodAfone tAkes oVer HutcH telecom f e at u r e Bordering on sycophancy, India Inc. celebrates, the g everywherenment is proud, bureaucrats are rushing everyplace each other to take credit; Vodafone, scoring over Mittals, Birlas & Ambanis, takes over shanty... Are we alright? telecom t h e b & e s e c t o r tion policy no ends. And why not, one of the worlds largest telecom corporations has chosen India to further their mammoth investment plans, vodafone takes over hutch... ouch!!! No v crown, and India Inc., along with the bureaucracy, toasting our liberalisa- De c Arun sarin might hasten heaved a sigh of relief after clinching the Hutchison havent they? Uhh ohh, the scenarios not quite good, in fact, its devoid! Mobile subscriber growth (in millions) Arun Sarin (right), CEO, Vodafone, with Asim Ghosh, MD, Hutch Essar SIMple weapons for the war! Market share of telecom operators (in %) Source: Niche Broking and the worst is yet to come (one prays, not in the form of Hutch takeover)! Even this epoch, while he announced his decision to hit 67% in Hutchison Essar on February 11, 2007, for $11.

1 gazillion (his biggest deal for Vodafone), he must have prayed to the merger gods to be kind to him this time round, as he had been lashed enough by his critics due to twain his and his predecessors deeds (the main culprit being Christopher Gent, ex-CEO of Vodafone and responsible for the fruity shelling-out of a monumental $183 billion for acquiring Germanys Mannesman AG in 1999 the biggest failed deal in M&A storey!). Well, what do you say about a company that, obscure from the preposterous acquisition above, has made such a dessert breast of accumulating regular pathetic losses aggregating more than $131 billion since 2002; and weve not even included the current years forecasts. So what else can go wrong with Vodafone and India? give us time, we can do worse A buoyant... If you want to get a full essay, order it on our website: Orderessay

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