What if Reliance acquires Hutch?
All of them including the media,newspapers,bloggers and virtually everyone is tracking the Hutch acquisition. Who will acquire Hucth? Will it will be Rel Communications , Orascom , Maxis , Qatar Telecom or Vodafone?
Even I am interested to know which company would it be? Accidently,I was watching "News on the Loose" on CNBC and there was a good joke which was very interesting.
Even I am interested to know which company would it be? Accidently,I was watching "News on the Loose" on CNBC and there was a good joke which was very interesting.
What will people say if RCL acquires Hutch?
People's view:
Hutch is acquired by a company (RCL owned by Anil Ambani) , whose Chairman(Mr. Ambani himself) does not even speak to his own brother(Mr. Mukesh Ambani) ,but is expanding his Tele-COMMUNICATION business!!!!
Labels: Business
posted by Himanshu Sheth @ 12/23/2006 08:55:00 PM
3 Comments
3 Comments:
I think you are missing one big name in the acquisition race!!
Its vodafone.
http://timesofindia.indiatimes.com/NEWS/Intl_Business/Vodafone_has_surprise_tactics/articleshow/903981.cms
I think its going to be a hot deal as now some more names into the list. Hope at the end it will get the best deal to boost the competative market further.
Hi Jigar and Alok,
Jigar: You are correct,I missed the mighty Vodafone from the list...Thanks for the input!!!
Alok:Yes it is a big deal and Qatar Telecom was the last to enter into this bid and the total bid was supposed to be 16b$ which is very huge and Reliance acquires Hutch than it would be very good for Reliance since it would get the access to the existing set of customers that are using Hutch.
-Himanshu
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