*See Tata Communications. Tata is an Indian telecommunications company controlled by or on behalf of Ratan Tata, the Chairman of Tata Industries and a board member representing JP Morgan; it’s also a company which is believed to have benefited from its representatives and primary stakeholders maintaining close business ties with Bell Canada/BCE.
Come now; how else had Tata stakeholders been “all too conveniently” allowed by BCE Inc to take control of whatever remained of the Teleglobe Inc enterprise (see “creditor protection” which primarily served in enabling then senior BCE Inc officers to scr_w intentionally targeted common “peasant class” Look Communications Incorporated shareholders)?
Hmm; perhaps Tranzeo Wireless Technologies Inc/Aperto Networks enterprise representatives could also seek to secure a very large telecommunications equipment Network production and supply contract (perhaps; its an unimaginable or unexpected thought, eh) from Reliance Industries’ Infotel Broadband.
After all, one notes that Infotel Broadband is (a) the Indian telecommunications company whose stakeholders purchased pan-Indian BWA spectrum license during the last most recent Indian government spectrum licenses auction and (b) the very company which is now controlled by or on behalf of Mr. Mukesh Ambani.
Mr. Mukesh Ambani being the Chairman and Managing Director of Reliance Industries Ltd (RIL), a board member representing Bank of America and the older brother to the previously mentioned Mr. Anil Ambani (once again, see the Anil Ambani controlled Reliance Communications (RCom), an existing Tranzeo Wireless Technologies Inc/Aperto Networks enterprise client).
Note: Mr. Mukesh Ambani’s Reliance Industries Ltd (RIL) certainly has no problem taking on major partners as investors, e.g. British Petroleum Global (BP) recently purchased a 30% interest in 23 Reliance Industries Ltd controlled oil and gas blocks (including the D-6 block off the coast of India) for approximately 7.2 Billion Dollars.
Also, one could expect that Infotel Broadband is an enterprise which Mr. Mukesh Ambani would naturally be planning to “aggressively leverage” (see potential partnerships) in order to expeditiously build and incrementally deploy a nationwide (likely a 4G LTE network) Indian telecommunications network.
Nevertheless, one must also note that the “profitability factor”, i.e. the fact that this company’s principals have not been able to post unambiguously positive bottom line numbers for quite a while now …
Well, sufficed to state that such a “failure” on the part of Mr. James A. Tocher &Co does seem to be acting as a weight, if you will.
Obviously, such an “albatross” like factor and the resulting conditioning certainly served to in part convince one of the outright necessity to abandon any previously maintained expectations, eh.
Yes; it’s a weight serving to hold down and assisting in a “pulling back” of the thus far relatively positive upward movement in share price.
Alas, such a particular and quite peculiar “negative conditioning and resulting circumstance” is clearly something which one could have expected to play a part in clearly halting any further upward progression.
Who knows, perhaps there would be some “change” afoot; or perhaps it’s a case of simply dropping and picking up some “spare change” – spare change which has “temporarily been left lying about for certain “interested parties” to pick up, eh? LOL!
That’s correct; it appears that somebody simply dropped 29 cents and then picked up 41.5 cents yesterday and dropped 40 cents and picked up 52 cents to today.
LOL! The share price was allowed (all too conveniently) to be dropped approximately one dollar and fifty cents.
A quarter or so being tossed your way after having taken more than a dollar from you.
Its all about "sh_ts and giggles" indeed.
FWI, the following is some related information
Bharti Airtel May Buy Qualcomm's BWA Business
by Charmi Gutka | March 18,2011 - 12:39 PM
Bharti Airtel Limited may buy yet-to-be-launched Qualcomm's broadbrand wireless access (BWA) licences in India.
Read More: https://www.dealcurry.com/20110318-Bharti-Airtel-May-Buy-Qualcomm-s-BWA-Business.htm
Sherbet2