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Strategies & Market Trends : India Coffee House

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To: Shivram Hala who wrote (8662)	10/20/1999 5:31:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Here is a bit more info on Sify. ....John Wall, president of Nasdaq said, "Satyam perfectly fits with our group of companies on the Nasdaq. The tremendous interest that the issue has managed to evoke from retail investors clearly shows that investors in the US not only recognise the potential of Indian Internet companies but also understands that they are led by quality management." Satyam Infoway is the largest private national Internet Service Provider in India catering to more than 87,000 Internet access subscribers and over 300 corporate customers as of September 1999. The company's products and services include consumer Internet access services, corporate network, and technology services on line portal and content offerings. The company's largest shareholder is Satyam Computer Services, one of India's leading information technology solutions providers. The proceeds of the issue will be used for setting up infrastructure such as international gateways, building portals, brand-building and acquisitions. business-standard.com

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