About Satyam
'Satyam Infoway Ltd is a subsidiary of Satyam Computer Services Ltd., a SEI CMM level 5 company in India. In 1995, when E-Commerce and Internet were still seen as western jargons with no relevance in the Indian context, Satyam Infoway, based in Chennai, India, was pioneering Electronic & Internet Commerce, aimed at the business Corporates. In 1997 the company became the first to establish the country's first private TCP/IP network between all major cities in the country. This revolutionized the entire business-computing scenario in India. Organizations could now look at a Network Service Provider who could help them interconnect their multi-locational offices, provide them with flexibility of platforms, applications and software and ensure smooth, secure transfer of business data between them.
Satyam Infoway's mission is to "Enable business over a wire". This mission is translated in the Company's products, services and technology. In association with some of the best players in the Industry, Satyam Infoway brings some of the most comprehensive suite of E-Commerce solutions to the Indian business community.
Today, Satyam Infoway's superior network spanning 25 cities, has also become the first-of-its-kind ATM backbone based network in the country. It serves an elite list of top multi-national and blue chip companies, who utilize its services across the country......' (Source:Company Website
Tentative Pricing: 1st week of Nov,99
Tentative Price range: $12-$14
Shares offering:4,175,000.
Post-Offering Shares: 21,156,000
Lead Underwriter:Merrill Lynch
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