Tuesday, March 30, 2010

Mission Africa! Is it time to look beyond India.

Airtel has been able to break into Africa with the signing of Zain deal. There is a lot of speculation about the success or failure, either ways it is a bold move by Mr Mittal. But it is a telling sign that Indian MNCs are looking out, it could be for diversification or stagnation.

A big size deal, paying more than $255 per subscriber, just to get in and climb up the learning curve. With a lot at stake, Bharti has to prove a lot to itself and its investors. On the face it looks expensive, But Mr Mittal knows more for sure, otherwise he won't be looking beyond India.

So,What do we learn from the deal, Is Indian market getting too full?
We hardly know anything about the african markets
Strangely so this blog has been accessed by people from all inhabited continents except Africa...



No comments:

Post a Comment