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12-02-2007, 12:03 AM
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#1 (permalink)
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ॐ
Join Date: Dec 2006
Posts: 373
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Vodafone bags Hutch for $19.3 billion
British telecom giant Vodafone has bagged the 67% Hutch Telecom International (HTIL) stake in Hutch-Essar at an enterprise value of $19.3 billion (approx Rs 86,000 crore) which comes to $794 per share.
Earlier, Vodafone emerged as the top bidder for majority stake in India's fourth largest mobile player Hutch-Essar, pipping Anil Ambani Group's Reliance Communications, a consortium led by Hindujas, and Essar, whose top brass is in London presumably talking to the British telecom giant.
Meanwhile, Hindujas has congratulated Arun Sarin, Vodafone CEO, for his acquisition of Hutch-Essar.
While, the winner emerged after a board meeting of HTIL, the process of declaring the highest bidder got delayed till Essar, which had asserted its right of first refusal along with its bid, mulled various options in its agreement with the foreign partner.
source
Now it gives pleasure to all indians... now all r waiting for new services, new mobile deals and competitive prices... 
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12-02-2007, 12:12 AM
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#2 (permalink)
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Wise Old Crow
Join Date: Apr 2005
Location: Inside the Pixel
Posts: 1,227
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Re: Vodafone bags Hutch for $19.3 billion
Today evening I watched this news flashing on the newschannels.
Feels great. But what different new services will they be giving?
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12-02-2007, 12:25 AM
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#3 (permalink)
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Alpha Geek
Join Date: May 2006
Posts: 755
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Re: Vodafone bags Hutch for $19.3 billion
i hope they bring 3G into india sooner!! .. my N70s sittin idle!! 
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12-02-2007, 01:49 AM
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#4 (permalink)
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mekalodu
Join Date: Oct 2004
Location: Navi Mumbai
Posts: 1,519
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Re: Vodafone bags Hutch for $19.3 billion
3g coming to india is not gona depend upon jus vodafone alone. the CDMA operators n COAI sud come into an agreement as to, to whom the 1900 (not sure) band sud goto.
had reliance taken over hutch we wud have expected inflated bills and bills even if u dont use ur fone at all.
btw vodafone doesnt have low calling rates anywhere in the world to the best of my knowledge.
better network?? i dont think vodafone will be able to provide us with one!!
lower international calling rates ... yes definitely ...then can do that right away ... rest mite take 3-4 months minimum...
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mekalodu
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12-02-2007, 02:23 AM
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#5 (permalink)
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Wise Old Owl
Join Date: Dec 2005
Location: ( 22.2° N, 88.2° E )
Posts: 1,507
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Re: Vodafone bags Hutch for $19.3 billion
waiting....... if Hutch now start unlimited GPRS with less monthly rate than Airtel MO.... 
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12-02-2007, 02:56 AM
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#6 (permalink)
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Self-Obsession
Join Date: Aug 2004
Location: Milwaukee, Wisconsin
Posts: 147
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Re: Vodafone bags Hutch for $19.3 billion
Awesome newz man......
Waitin fo vodafone to do miracles....
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I'm walking between mads,but whats the use i'm still the worst one.
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12-02-2007, 05:23 AM
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#7 (permalink)
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who? what?
Join Date: Jul 2004
Posts: 34
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Re: Vodafone bags Hutch for $19.3 billion
there are two networks in bahrain, vodaphone's one of them. u hardly find any middle class person there using vadaphone - its too expensive. i'm sure vodaphone's here just for the money, and if the affluent can pay, who cares about the 'aam aadmi' huh vodaphone?
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12-02-2007, 12:39 PM
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#8 (permalink)
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Wise Old Owl
Join Date: Sep 2005
Location: Pune
Posts: 1,346
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Re: Vodafone bags Hutch for $19.3 billion
It will definetly boast the competion in market and will benifit consumers too
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12-02-2007, 12:44 PM
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#9 (permalink)
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gooby pls
Join Date: Apr 2006
Location: Not very far from you
Posts: 4,293
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Re: Vodafone bags Hutch for $19.3 billion
Thanks for the news...
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12-02-2007, 01:00 PM
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#10 (permalink)
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Human Spambot
Join Date: May 2005
Location: Riding an Oliphaunt
Posts: 2,173
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Re: Vodafone bags Hutch for $19.3 billion
From the Chinese to British 
Anyway how long before the name change (if any)takes place. And I hope they bring some new stuff too
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The real and only freedom is Public Domain. Everything else in unfree! Even those who claim to be the self styled evangelists of freedom are not free because freedom cannot be forced by any means!
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12-02-2007, 09:04 PM
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#11 (permalink)
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Right man in wrong place!
Join Date: Jan 2007
Location: Hyderabad
Posts: 1,170
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Re: Vodafone bags Hutch for $19.3 billion
85000crores right? wow!
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12-02-2007, 09:14 PM
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#12 (permalink)
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In Shamful Mystery
Join Date: Jun 2006
Location: delhi
Posts: 342
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Re: Vodafone bags Hutch for $19.3 billion
Good news, I think
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"Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?"
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12-02-2007, 09:22 PM
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#13 (permalink)
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Google Bot
Join Date: Aug 2005
Posts: 9,772
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Re: Vodafone bags Hutch for $19.3 billion
3G plz
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13-02-2007, 09:59 AM
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#14 (permalink)
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Wandering in time...
Join Date: Nov 2004
Location: Delhi,India
Posts: 1,293
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Re: Vodafone bags Hutch for $19.3 billion
In Hindustan Times there is a comprehensive analysis of the deal and according to them subscriber maybe forced to pay more by vodafone to make the deal feasible and profitable for them
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13-02-2007, 12:46 PM
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#15 (permalink)
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Wise Old Owl
Join Date: Sep 2005
Location: never land
Posts: 1,284
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Re: Vodafone bags Hutch for $19.3 billion
Now hutch will surely become NO. 1 in INDIA
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13-02-2007, 02:52 PM
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#16 (permalink)
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In Shamful Mystery
Join Date: Jun 2006
Location: delhi
Posts: 342
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Re: Vodafone bags Hutch for $19.3 billion
Quote:
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Originally Posted by ankurgupta.me
In Hindustan Times there is a comprehensive analysis of the deal and according to them subscriber maybe forced to pay more by vodafone to make the deal feasible and profitable for them
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oh noooooo
Well, I don't think that will be a good idea for them - this IS India... and there are too many inexpensive options available here for people to pay more for vodafone.
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"Pray, Mr. Babbage, if you put into the machine wrong figures, will the right answers come out?"
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13-02-2007, 03:18 PM
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#17 (permalink)
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Alpha Geek
Join Date: Aug 2006
Posts: 569
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Re: Vodafone bags Hutch for $19.3 billion
If it increase price than each and every day after it will be DIWALI for MTNL/BSNL/BPL/!dea and Reliance and DIWALA for .....
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13-02-2007, 08:25 PM
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#18 (permalink)
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You gave been GXified
Join Date: Jan 2007
Location: New Delhi
Posts: 5,633
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Re: Vodafone bags Hutch for $19.3 billion
Quote:
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Originally Posted by Stick
If it increase price than each and every day after it will be DIWALI for MTNL/BSNL/BPL/!dea and Reliance and DIWALA for .....
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vodafone
But 3G cannot be implemented without TRAI's orders, & TRAI is thinking about going directly to 4G cos 3G is not cost effective in India. I hope they enhance the EDGE & GPRS service now & make it cheap. Something like Unlimited EDGE at Rs 99/month will be very good for laptop users , internet anywhere
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about.me/gxsaurav
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13-02-2007, 09:01 PM
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#19 (permalink)
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In Pursuit of "Happyness"
Join Date: May 2005
Location: New Delhi
Posts: 3,432
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Re: Vodafone bags Hutch for $19.3 billion
^^ Make that Unlimited EDGE for Rs 50 / month please
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Whenever you find yourself on the side of the majority, it is time to pause and reflect. - Mark Twain
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14-02-2007, 12:46 AM
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#20 (permalink)
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Alpha Geek
Join Date: Aug 2006
Posts: 569
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Re: Vodafone bags Hutch for $19.3 billion
Quote:
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Originally Posted by kalpik
^^ Make that Unlimited EDGE for Rs 50 / month please |
I note it down, in next election pls. vote me as IT minister and I will implement same 
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14-02-2007, 01:03 AM
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#21 (permalink)
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Alpha Geek
Join Date: May 2006
Location: Now in Palakkad :-)
Posts: 727
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Re: Vodafone bags Hutch for $19.3 billion
@stick . . *struggling to control the laugh * . . thats awesome funny man . . by the way if they are cheap then its a good thing . if they are not then am sticking with airtel .
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Make a day good , and another day good , and another ...a happy lad is "born" from you :)
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15-02-2007, 04:33 PM
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#22 (permalink)
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In The Zone
Join Date: Sep 2004
Location: Bermuda Triangle
Posts: 239
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Re: Vodafone bags Hutch for $19.3 billion
What will happen to that pug???
He played a gr8 role in popularising the brand name...
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In just two days, tomorrow will be yesterday.
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15-02-2007, 11:08 PM
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#23 (permalink)
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The Frozen Nova
Join Date: Sep 2004
Location: Trespasser in Virtual Land
Posts: 1,641
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Re: Vodafone bags Hutch for $19.3 billion
I hope this reduces mobile tariffs even further
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I dream of a better tomorrow... where chickens can cross roads and not have their motives questioned.
www.nerdweed.blogspot.com
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16-02-2007, 12:48 AM
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#24 (permalink)
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Alpha Geek
Join Date: Aug 2006
Posts: 569
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Re: Vodafone bags Hutch for $19.3 billion
Na yaar,
Mobile operator whether Indian or Foreign all chor chor mausere bhai
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