Russian Government Buys 20% of Indian Telecom Provider

Suzanne Bowen : Monetizing IP Communications
Suzanne Bowen
32 yrs in telecom, teaching, blog & grant writing, biz development, marketing, & PR. Favorite moments in life involve time w/ family & friends, networking, IP communications industry verticals & horizontals, running, traveling, foreign languages
| 1. "Focusing your life solely on making a buck shows a certain poverty of ambition..." Barack Obama ..... 2. "One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain." By Thomas Sowell

Russian Government Buys 20% of Indian Telecom Provider

Will this be good or bad for Russian consumers and businesses and the rest of the world?

"The Russian government is to buy a 20% stake in Sistema-Shyam, an Indian telecom service provider. The total value of the deal amounts to RUB 34.3bn ($1bn).
Sistema is the major shareholder in Shyam Telecom and operates under the Rainbow logo."

Original source where I copied this information is http://www.itandtelecompoland.com/next.php?id=71360. This was predicted in the middle of March 2009 in the Reuters UK news.


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