To: N. David Lessani who wrote (2511 ) 8/7/2000 10:56:13 AM From: pat mudge Read Replies (1) | Respond to of 3951 David (and Lorraine) -- It was great to meet you at the party! And, Rick, thanks for the ride back to my hotel. I really appreciate your kindness. Now, looking for news, there's not a lot --- other than a robust Nasdaq and yet another rise in the stock. The following from SingTel is interesting in that it emphasizes the growth in the Indian market, and shows once again that growth continues in undersea systems:interactive.wsj.com @1.cgi?mfmuse/text/autowire/data/DI-CO-20000807-002925.djml/&NVP=&template=atlas-srch-searchrecent-nf.tmpl&form=atlas-srch-searchrecent-nf.html&from-and=AND&to-and=AND&sort=Article-Doc-Date+desc&qand=&bool_query=fiber+optics&dbname=%26name1%3Ddbname%26name2%3Ddbname%26name3%3Ddbname%26period%3D%3A720&location=article&HI=August 7, 2000 -------------------------------------------------------------------------------- WRAP: SingTel To Invest US$400M In Indian Venture By CHRISTOPHER WELLISZ and PUJA RAJEEV Of DOW JONES NEWSWIRES SINGAPORE -- Singapore Telecommunications Ltd. (P.SGT) said Monday that it would pay US$400 million for a foothold in India's fast-growing market as part of its strategy of Asian expansion. SingTel said it would take stakes in two units of Bharti Enterprises, India's largest privately-owned telecommunications company. SingTel will take 20% of Bharti Telecom Ltd. and 30% of Bharti Televentures Ltd., which hold the group's telecommunications assets. . . . The Singapore-Madras link will likely form part of an announced US$2 billion, 17,000-kilometer pan-Asian subsea cable venture in which SingTel is a leading investor. The submarine cable is being constructed by its unit C2C Pte Ltd. and is scheduled to begin operations in the third quarter of 2001.