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To: RocketMan who wrote (4853)5/11/1998 8:13:00 AM
From: Ronaldo  Read Replies (1) | Respond to of 50264
 
Thank you for the article. I think it is a riot that that excecutive that jumped ship had a choice between:
1.- Pay aprox. 500K$ to stay at ATT
2.- Get a down payment of 10MM$ + gazillion shares to go to Global.

Tough choice. I guess you need one of those Olimpics type chronometers to measure the time it took that excec. to decide.



To: RocketMan who wrote (4853)5/11/1998 9:17:00 AM
From: HRAKA  Read Replies (1) | Respond to of 50264
 
Rocket,
< RM: Remember what Macker said about the main AT&T exec bolting over to Global
Link USA? And how the company we just bought in Indonesia owns 19.1% of Global
Link USA?>

We do not own Indosat, we are partnering with them. I know you know this (slip of the tongue), but I want to keep the newcomers straight.
Hraka




To: RocketMan who wrote (4853)5/11/1998 11:22:00 AM
From: JPC  Read Replies (1) | Respond to of 50264
 
Please, please... We don't own Indosat.
Indosat is publicly traded (Jakarta, NYSE). I think the
market capitalization of the company is around 1.3 billion
US dollars --> maybe too expensive for us (at least for now).

However, the Indonesian government is planning to reduce
its stake in Indosat to 51% by selling 14% of the company,
which should be worth 180M $. Maybe JC will bid for some/all
of those shares, who knows..

One thing is sure though: Indosat as a commercial partner
would make a lot of sense: it would give us a fully
connected network right away (with an Air-Sea gateway to the
world located in Australia) --> The $$$$ can start flowing in.

Good day everyone,

JPC