And now, Bharti Airtel chases Zain’s Africa assets

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Posted by Liju Philip | Posted in Business, India, africa, bangladesh, bharti airtel, kuwait, money, mtn, telecom, zain | Posted on 16-02-2010

After losing out on MTN and pocketing Warid of Bangladesh, it looks like Bharti Airtel is on a tearing hurry.  As the world’s fastest growing telecom market, India becomes more and more competitive with more than 10 service providers already, Bharti is looking to spread the eggs across other markets.

Bharti Airtel is in $10.7 billion talks with Zain to buy most of the Kuwaiti telecom’s cellular assets in Africa — the Indian firm’s third attempt to gain a foothold in the region.

The deal, if clinched, would be India’s biggest overseas acquisition since Tata Steel’s $12 billion purchase of European steel maker Corus in 2007.

Mobile subscriber additions are running at a monthly average of about 15 million in India, making it the world’s fastest-growing wireless market. The rapid pace has attracted new foreign operators such as Telenor and Sistema, making competition more intense.

Call charges have fallen sharply, to as low as a fraction of a US cent per minute, squeezing margins and clouding earnings growth potential.

Bharti reported its slowest profit growth in more than three years for the December quarter, and average revenue per user (ARPU) — a key operational gauge — fell 29 per cent to 230 rupees ($5). The market is also showing early signs of saturation, with penetration reaching about 45 per cent.

To beat the slowdown, Bharti has been scouting overseas, with a focus on high growth-potential emerging markets. After failing to get a deal with South Africa’s MTN Group, the company has set up a new unit to drive overseas expansion. It also agreed last month to acquire control of Bangladesh’s Warid Telecom.

Africa is attractive for Bharti as the mobile user base is low there, with just over a third of the population having a mobile.

Zain’s 15 African operations included in the deal have a combined user base of about 42 million, and the operator is No.1 in 10 markets, ranking second in another four, according to brokerage reports. ARPU in these operations ranges from $3 to $25, with 10 of the 15 having higher ARPU than Bharti.

Rest of the article here

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Just Read – Games Indians Play

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Posted by Liju Philip | Posted in India, World, atom bomb, books, culture, germany, hiroshima, japan, nagasaki, reading, travel | Posted on 11-02-2010

Finished reading 3 books actually.  2 of them are pretty small and I could finish them in2 days each.

1. Games Indians Play – Why We are The Way We Are

If you are someone who easily gets offended by criticism, this book is surely not for you.  If you are someone who believes in chest thumping patriotism, the kinds we find in Sunny Deol – Anil Sharma movies or the kind of person who likes to forward chain mails which proclaim that 35% of employees working in NASA, Microsoft etc are Indians, then this book is not for you either.

Games Indians Play is a hard hitting look at the way we Indians manipulate our way around the system, looks at reasons why our cities are dirty, creaking, why our roads are full of potholes, why our system, law and order machinery is corrupt, why we keep raking up examples of our thousand year old culture and morals, but are the worst behaved, immoral and culture-less people around.

The author, V Raghunathan uses game theory to explain the ills of India, as to why we are free loaders, corrupt and do not stand up to our rights etc.

Though the author goes great lengths to analyse the problems facing India, he doesnt suggest ideas or solutions to mitigate the problem.  That i believe is the only negative point about the book.

A few comments on the book that i found at Amazon website reinforce the author’s point of view

“It’s a very interesting book and does a great job of explaining some of the bizzare things that go on in India and why people say “it’s like that only”. As an Indian living in US for two decades, I can relate to author’s observations about Indian and western societies. I have been puzzled by some of those things over the years but couldn’t figure out why it was so.

And to Mr. Raghunathan: Lots of Indians/asians in US don’t behave much differently. Just go to any temple and you can see a pile of shoes/chappals on the floor right next to empty shoe shelves & just below the sign “please don’t leave your shoes on the floor”. Or visit any south asian grocery store and you can tell instantly if they sell “paans” by looking at stains all over the parking lot.”

“As an expat currently living in India, this book affirmed what I’ve found difficult and perplexing about living in New Delhi. The constant helplessness, petty jealousies and a sense that some of the observed poverty is just another one of India’s treasured rackets (an alternative route for their bizarre and seemingly increasing corruption) is overwhelming and frustrating to watch on a day-to-day basis. I enjoyed this book immensely as it helped me to understand the behavior I see around me, why it continues without change (or question) and in the end, why and how others perceive their continued benefit from this seemingly irrational paradigm (from a Western view point).

Listening to Indians and the media in India, there is a view that Westerners are selfish, lack connected communities and have no “family values” or “morals” (whatever this means by whomever defines it). It’s almost as if Indians have it reversed from Westerners. In particular, Americans who value personal independence coupled with a sense of civic duty and responsibility to others whereas Indians emphasize family and communal relationships to guide their behavior and actions but do not necessarily extend their concerns outside their immediate circle.”

“The author postulates that it is ‘Supreme Selfishness’ which drives every Indian. The author then creates models of everyday situations using principles of Game Theory to explore how Indians react to such situations given that they are driven by ‘Supreme Selfishness’. For example, the author uses Prisoner’s Dilemma to model the common situation every Indian faces while emptying his trash can every morning – should I empty the bin on the road or should I have to walk two hundred feet to the nearest municipal waste bin?”

Games Indians Play
Author – V Raghunathan
Pages – 170
Publisher – Penguin Books

2. Germany – Cultures of the World

I have a good collection of the Lonely Planet series.  But they are books for the hardcore traveler.  Though i love to travel; finances, time and other considerations deny me that pleasure.  I love reading up on the countries, their cultures, people, society, food etc, but i find the Lonely Planet series of books too bulky to read and i find its a book good for people who like to micro-manage their travels.  As for me, i like to take the leisure way out and i just like to do a broad research of the place before i travel.

Europe is a dream destination for me.  Germany is one of my most admired countries and i happened to chance at this book in the library.  Its small, concise and covers all aspects of the country just the way i love it.  The book covers the geography, government, culture, food, people, cities, environment, politics, history etc in a precise manner.

3. Hiroshima – Story of the First Atom Bomb

Its a pretty small book, mostly for kids which traces the dropping of the first atom bomb on Hiroshima.  Capturing mostly pictures of both before and after of the destruction and a few explanations about the bomb, the politics behind it.  The book is mostly about Manhattan project, nuclear theory, progress of World War II, Truman’s decision to use the bomb, the mission of Enola Gay, results of the Hiroshima explosion and the subsequent use of the bomb on Nagasaki.

Above picture source: Amazon & Nowpublic

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Paper Tiger and their chicken followers

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Posted by Liju Philip | Posted in India, Politics, bal thackeray, bombay, mumbai, raj thackeray, shiv sena | Posted on 09-02-2010

When Raj Thuggeray’s Thackeray’s security was scaled down, he cried mummy and hid inside his home.  Now, after waving black flags at Rahul Gandhi’s trip to Mumbai, some of the Shiv Sena’s leaders’ police protection has been withdrawn leading to cries of mummy again. Hahahaha…. i love the scums of Shiv Sena, their paper tiger’s empty threats and their panic the moment their security cover is withdrawn.

Three Shiv Sena legislators complained Monday that their police security cover had been withdrawn, and accused the Congress-NCP of getting back at them for their recent opposition to the government.

Two of the three lawmakers, Jogeshwari MLA Ravindra Waikar and Andheri MLC Anil Parab, were among the 342 Shiv Sena activists who were detained last week for waving black flags at Rahul Gandhi during his visit to Mumbai. Before that, Parab had led a march to Shah Rukh Khan’s home to protest the star’s statement that Pakistani players should have been part of the IPL.

The third lawmaker, Bandra MLA Prakash (Bala) Sawant, said he had not taken part in any protests but had visited police stations to talk to Sainiks who had been detained.

MLAs and MLCs in Maharashtra are provided security by the Protection and Security Department of the Mumbai Police, and are assigned policemen not above the rank of constable who carry a small weapon and work in 12-hour shifts.

Sawant complained he had been targeted despite his not having taken part in the protests. “I had only gone to meet activists detained at various police stations,” Sawant said. He added he would write to the police to ask them to restore his security. “My constituency is very sensitive and if anything happens to me the state government will be responsible.”

Read the full news here

I have always believed that all these morons dont deserve even a single police constable’s protection around them.  Since they have no qualms whipping up communal and regional feelings and exhorting their supporters to beat up innocent people, the police should also let them be at the mercy of people who want to take revenge from them.

Let them also be beaten into pulp while the rest of the world watches the fun.

Picture source: Moneytrader

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Agni III launch successful; to be inducted into strategic forces

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Posted by Liju Philip | Posted in India, agni 3, armed forces, china, missile, nuclear weapon, pakistan | Posted on 08-02-2010

India on Sunday successfully tested the Agni 3 nuclear missile for the third time, indicating its readiness for induction into the strategic forces. The third successful test, which came after the initial setback in 2006 when the missile plunged into the Bay of Bengal, is part of the pre-induction trial of the missile that gives India for the first time the capability to strike deep into China.

The Agni 3 test, which took place from the Wheeler Island off the Orissa coast, has made the missile ready for induction, the Defence Ministry announced on Sunday. “The launch is part of the pre-induction trial. The Indian Army (the user) has carried out the total launch operations guided by the Defence Reseach and Development Organisation (DRDO) scientists. Now the Missile system will be fully inducted into the Armed Forces,” a statement by the Defence Ministry said.


While the formal induction will take at least two more years and a few more tests, the missile is strategically vital in India’s nuclear deterrence plans that rely on the second strike theory. India’s stated policy has been of no first use, which makes it vital to have long range missiles to strike back in the event of a nuclear attack.

Full article here

Pictures courtesy: Rediff & Mensa-Barbie

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Paes – Black win Australian Open Mixed Doubles

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Posted by Liju Philip | Posted in India, Sports, australian open, czechoslovakia, mixed doubles, russia, tennis, zimbabwe | Posted on 31-01-2010

Leander Paes equalled the record for most Grand Slam title triumphs by an Indian as the veteran and his Zimbabwean partner Cara Black clinched the Australian Open mixed doubles Championship with a straight-set win here on Sunday. Top seeds and favourites, the 36-year-old Paes and the 30-year-old Black beat 10th seeds Ekaterina Makarova of Russia and Jaroslav Levinsky of Czechoslovakia 7-5 6-3 in just about one and a half hour.

leander paes, cara black

The triumph gave the Indian his 11th overall and fifth mixed doubles title. With this, Paes has equalled one-time doubles’ partner Mahesh Bhupathi’s tally. The last couple of times they reached a Grand Slam final, Paes and Black ended up on the losing side and eager to make amends for that, they were dominant from the word go.

They broke their rivals as early as in the third game and save for a couple of breaks lost on Black’s serve, the Indo-Zimbabwean pair seemed hardly troubled by Makarova and Levinsky, who committed far too many unforced errors. Black, whose net game and serve were the weak links for the top seeds, raised her game when it mattered after getting some pep talk from Paes.

Full article here

Above picture source: Topnews

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