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.

Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (3301)	11/26/1998 7:34:00 PM
From: Mohan Marette	Respond to of 12475

<Countr Buzz-Infotech> The dawn of Iridium,ISPs barge in.... Iridium Makes Debut in India Despite Bureaucratic Hurdles ...Despite bureaucratic hurdles, India managed to make communication history on November 1 when it joined Iridium's ambitious global satellite phone service. Coinciding with the global launch, the Pune-based Iridium India Telecom Limited (IITL) received the first call at the Rs 180-crore India gateway. Observers point out that end-users would have to wait for a few more weeks as Iridium India is yet to commence commercial operations.... ISP news ...So far, the government has received 47 applications from prospective Internet service providers which includes AT&T, British Telecom, MCI, Motorola, Compuserve, Bharti BT, Sprint RPG, Datapro, HCL and Satyam Infoway. The private ISPs will have to commence their service within 18 months of signing the licence agreement. While they are free to fix their own tariffs, the Telecom Regulatory Authority of India (TRAI) can review and fix tariffs at any time during the validity of the licence. ... india-today.com

To: Mohan Marette who wrote (3301)	11/27/1998 2:43:00 AM
From: ratan lal	Respond to of 12475

Mohan I was born and raised in Bombay so I know a lot of people in various businesses and professions. As with everything in Inida, the extortion is an open secret. They may say they will do something about it but I doubt anything will come off it. There is an old story of the politicians setting up ac ommittee to study any problem. But its like going for a shit. They make a lot of noise before dropping the matter. Meanwhile the people in Bombaya re dressing down everything thereby hurting ALL businesses. No one wants to buy a new car or hold big weddings or parties. The poor shopkeepers (from the very poor on the street to the biggest malls) cannot avoid the extortionist. So they pay and get the money with increased prices. I have personally seen a coconut vendor on the street who stopped to pay a cop keeping me, his customer, waiting. After the cop left he said " now you know why the prices are so high." ratan