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

Comparing the Two Indian Internet Stocks REDF and SIFY

Being Govt undertaking is not a sin.MTE has the best infrastructure compared to private sector companies. It has largest landline & mobile network. It caters to Mumbai and Delhi where max subscriber base is located.Till now it had monopoly status. But after private parties came in its share in mkt has not gone down much.Rs.10 face value share is Rs 130 speaks for itself. Good dividend payout, no lack of funds for expansion, good demand potential in Metrocities it serves make the stk atractive on long term basis.

Comparing the Two Indian Internet Stocks REDF and SIFY

While comparing the two you cannot miss out VSL. VSNL was the first company in India to introduce Internet in India and is much bigger in all respects than these two. Moreover it is now manged by one of the most famous industrial group of Tatas.