Comments on: Hutch Essar up for sale ? Reliance possible bidder ? http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/ linking diversity! Sat, 11 Feb 2012 09:32:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: » Hutch Essar Sellout - Vodafone joins bidding war :: Broadband in India :: http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/comment-page-1/#comment-19683 » Hutch Essar Sellout - Vodafone joins bidding war :: Broadband in India :: Thu, 21 Dec 2006 09:16:38 +0000 http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/#comment-19683 [...] Vodafone group Plc has called for a board meeting later today [Thursday] to seek approval to bid for Hutchison Essar Ltd. Vodafone led by Sarin is seeking board approval for $13.5 Billion Plus bid. Earlier Maxis’ bid of $13.5 billion was tuned down. [...] [...] Vodafone group Plc has called for a board meeting later today [Thursday] to seek approval to bid for Hutchison Essar Ltd. Vodafone led by Sarin is seeking board approval for $13.5 Billion Plus bid. Earlier Maxis’ bid of $13.5 billion was tuned down. [...]

]]> By: SuggestionBoy http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/comment-page-1/#comment-16317 SuggestionBoy Fri, 08 Dec 2006 01:42:44 +0000 http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/#comment-16317 AnonymousCoward just said >> "It's just a matter of time." Hmmm. Aggree it is just a matter of time. However considering the fact for now, that not even 10% of the Indian population owns a mobile phone, which means there's a lot of room to grow. For now, I believe Anil can also start from scratch and still could compete with the existing GSM giants in India. Alas he also has to prove the same that his brother and father proven and do good for their share holders and for India. So regardless I say that time is not there yet !!! AnonymousCoward just said >> “It’s just a matter of time.” Hmmm. Aggree it is just a matter of time.

However considering the fact for now, that not even 10% of the Indian population owns a mobile phone, which means there’s a lot of room to grow. For now, I believe Anil can also start from scratch and still could compete with the existing GSM giants in India. Alas he also has to prove the same that his brother and father proven and do good for their share holders and for India.

So regardless I say that time is not there yet !!!

]]> By: Anonymous Coward http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/comment-page-1/#comment-16314 Anonymous Coward Fri, 08 Dec 2006 01:23:51 +0000 http://convergence.in/blog/2006/12/07/hutch-essar-up-for-sale-reliance-possible-bidder/#comment-16314 It is understandable that Dhirubahi and Mukesh have a track record of building from scratch. Kudos to them !!!, Unlike Laxmi Mittal who is into buying sick units and turning them around. Both are opportunists, however they see opurtunities in different times I believe. Most businesses in India have been starting from scratch in the last so many decades. During those decades there were NOT plenty of business situations as we have started to see this decade (in the 21st century). Considering the GSM foot-print made by other mobile juggernauts, it may be too late for Anil to start from scratch. Larry Ellison of Oracle Corp. also had a great track record of building everything in-house, however he did buy his way into the Business applications companies when he realized he was too late to the market (Oracle bought PeopleSoft). Sooner or later everybody has to adapt to the rapidly changing business environment. It's just a matter of time. It is understandable that Dhirubahi and Mukesh have a track record of building from scratch. Kudos to them !!!, Unlike Laxmi Mittal who is into buying sick units and turning them around. Both are opportunists, however they see opurtunities in different times I believe.

Most businesses in India have been starting from scratch in the last so many decades. During those decades there were NOT plenty of business situations as we have started to see this decade (in the 21st century). Considering the GSM foot-print made by other mobile juggernauts, it may be too late for Anil to start from scratch.

Larry Ellison of Oracle Corp. also had a great track record of building everything in-house, however he did buy his way into the Business applications companies when he realized he was too late to the market (Oracle bought PeopleSoft). Sooner or later everybody has to adapt to the rapidly changing business environment.

It’s just a matter of time.

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