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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 11.40-5.7%Nov 19 3:59 PM EST

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To: Mohan Marette who wrote (1228)3/17/2000 8:18:00 AM
From: Mohan Marette  Read Replies (1) of 1471
 
Asia Online has great expectations from India

17-03-2000 14:42:14

Asia Online Ltd , has set its eyes on the Indian market. Although, Internet access is limited right now in India, the company, which is based in Hong Kong, feels the largely untapped Indian market is attractive. Asia Online currently has operations in Hong Kong, the Philippines, Malaysia, India, Australia and New Zealand.

Kevin Randolph, CEO of Asia Online was quoted as saying that the potential over the next few years is enormous as India further deregulates its markets. He said the company has reviewed research, which predicts India to be the second largest Internet market in Asia behind China by 2003.

The Asian Internet access and e-commerce services company, Asia Online Ltd, has made its seventh acquisition in Australia - an Internet service provider (ISP) in Queensland.

Source: Newsbytes.com
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