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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 11.39-1.5%Dec 19 3:59 PM EST
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To: Triffin who wrote (43)10/19/1999 6:33:00 PM
From: Mohan Marette  Read Replies (1) of 1471
 
Sify's alliances and market scope.

'.... Additionally, the company has forged strategic business relations/ partnerships with companies such as America Online's Compuserve Network Services, Sterling Commerce, and Open Market to offer related content sites specifically tailored to Indian interests worldwide. The different websites of Satyam Infoway cover information on the latest news, personal finance, movies, classical music and automobiles. During August 1999, the company's six Web sites generated about 6.5 million page views.

According to an estimate qouted in the company's SEC filing, IT research firm IDC predicts rapid growth for the Indian internet access and electronic commerce markets. IDC has projected that the installed personal and network computer base in India is likely to grow at an average rate 44 per cent per annum to 8.2 million in 2002, up from 1.9 million in 1998. Internet users, on the other hand, are expected to grow at an average rate of 76 per cent annually to 4.5 million by 2002, from 0.5 million in 1998. And internet commerce revenue growth is projected to grow at 260 per cent by 2002 to about $ 594 billion, up from $3.5 million in 1998.....'
financialexpress.com
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