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To: Mohan Marette who wrote (887)2/26/2000 2:14:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
2.6 million Internet users by year-end, up from 535,000 at the end of 98

BSES Appoints Andersen to Draw Business Plan for Internet Arm

2/25/00 10:01:00 PM
Source: Bloomberg News

Mumbai, Feb. 26 (Bloomberg) -- BSES Ltd., an Indian power generation and distribution company, has appointed Andersen Consulting LLP, a U.S.-based management consultancy firm, to chalk out a business plan for its subsidiary, BSES Telecom Ltd., the Business Standard reported citing R.V. Shahi, the company's chairman. BSES Telecom holds a license to provide Internet services. 'We have a natural advantage (to provide Internet services) due to our distribution business,' the daily quoted Shahi as saying.

There will be an estimated 2.6 million web users in the country by the end of this year, up from 535,000 at the end of 1998, according to the National Association of Software and Service Companies. (Business Standard, 02/25, pg.11) (To access Business Standard web page, type BSTD )