Satyam Infoway Ltd-(Nasdaq:SIFY) Message Board

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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)

SIFY 12.74

+0.6%

3:59 PM EST

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To: Mohan Marette who wrote (340)	12/9/1999 4:16:00 PM
From: Shivram Hala	Read Replies (1) of 1471

> Market sources said that Satyam Infoway had already > reached an understanding with America On Line even before > the acquisition of IndiaWorld. The market grapevine has it > that America On Line will acquire a stake which would be > between 30 to 35 per cent in Satyam Infoway. That wouldn't be possible unless the Govt. relaxed its ri=ules. SIFY needs to maintain a 51% ownership. If at all there's a deal it may have to do with IndiaWorld. SIFY can sell that 30-35% stake in IndiaWorld to AOL. Or maybe its a 30-35% of Satyam Computers.

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