srjoshi41

Comparing the Two Indian Internet Stocks REDF and SIFY

MTE's mobile network is large and their subscriber base in wirless is largest among all players in Mumbai. Their prepaid calling card is always in great demand. Their cell network is effective and coverage is good. Only problem is that their decision making process is slow. Their actions are reactive rather than proactive or agressive.But subscribers get attracted due to good coverage within city limits.As far as ADR is concerned it is good to stay invested as telecom revolution in India has gatherd momentum and govt acked companies are likely to be benefited. There will be usual up and down in price but at the end it shd give good results. This my personal opinion with usual disclaimer clause. I have small holding in India in MTE though not in ADR