Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (661)	2/10/2000 8:19:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 1471

Escorts Group plans ISP foray New Delhi, Feb 10: The Escorts Group has decided to enter the Internet service provider (ISP) business. The Internet foray will be undertaken through the company's cellular arm Escotel Mobile Communications Ltd, a joint venture between Escorts Ltd and Hong Kong based First Pacific Company Ltd., a report in The Financial Times said. Escotel Mobile is one of the largest cellular service providers in the country and has operations in the states of Haryana, Kerala and Uttar Pradesh (West). The company now proposes to acquire additional licences from the Department of Telecom (DoT) for providing Internet services as an ISP, as well as render other value-added service (VAS) in the cellular mobile segment. In response to an Escotel letter in the last week of January, the DoT has supported the proposal provided that the company will not carry out any such activity without valid licences. Quoting sources, the financial daily said that the ISP foray may well be a nation-wide project and involve the investment of considerable resources on behalf of the company. -Digital HT