India is beating China in the great telecom game

Beijing’s deep pockets are not helping it in the fierce tussle for Africa’s telecom market. If everything falls in place, India’s biggest—and privately owned—telecom player  will take over a company that boasts 42 million subscribers and a market share greater than one-third in 12 of the 15 African countries covered by the deal. State-run China Unicom's consortium is bidding on a provider with a subscriber base in the very low hundred-thousands that has already been the subject of one botched privatisation attempt and reportedly is 17 months behind paying its staff wages.

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Shadi Katyal

7 years ago

What a childish remarks about China vs India in telecommunications.
The writer should stop such boasts.
Look at China Industrial complexes and food production as well as infrastructure and buying of Gas and il resources in the world.
It is a pity that our inability to go beyond such narrow thinking has left us in the dust of china development

Apocalypse now: What’ll happen if US defaults?

A full-blown dollar crisis will lead to soaring commodity prices. That’s why George Soros is tanking up on gold.

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Shadi Katyal

7 years ago

My advise to the writer is that go look back in the historical development of USA and maybe compare it.
USA is not a paper tiger and thus her Treasury notes had been picked up in billions by rest of the world.
despite any kind of misunderstanding has China, Saudi and other nations stopped buying such notes?
The writer evidently is not aware of the present debt ratio to GDP.
Yes if USA goes belly up so will the rest of world.
USA technology and innovations are the best assets which bring such funds

The world’s most corrupt countries

Transparency International has said that bribes consume an estimated $20 billion to $40 billion a year worldwide. Here’s a list of the worst offenders.

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Shadi Katyal

7 years ago

It is well know that India is one of the biggest corrupt nation and everyone from peon and policeman on the beat wants his palms greased.People have adopted to it as there is nothing but harassment.Files dont move as some one wrote once that when he asked the clerk for some work, reply was pay us if u need work to be done.When inquired about his salary he replied that is to come here and collect more money from people who need work done for them.
All parties in power are full of crooks and look at some of the state ministers making crores of rupees.

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