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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (9605)	11/15/1999 7:47:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Enron plans to branch out into telecom in India ENRON Communications (ECI), an affiliate of the $31 bn energy major Enron Corp, is preparing for a major push in the Indian communications sector. Enron will start off by forming a joint venture with the public sector Ircon (Indian Railway Construction Company)(http://www.irconinternational.com/index.html) to enter the telecommunication business. "Enron will provide very high capacity broad-band networks as well as services, followed by bandwidth trading in India," said Enron South Asia CEO and managing director Sanjay Bhatnagar. (11/16/99 et)

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