As an outsider to the whole hoopla created for this deal I derive it would create a global telecom giant with close to 120 million subscribers that has a footprint stretching from the Cape of Good Hope to the Himalayas across 23 countries and covering a population of two billion, a third of the world thanks to the newspaper and the dailies….
Yet another merger.. another partnership and what I find impressive is the clear stake of each in the talked about deal . However this partnership is not only about money it is also about capturing the market and creating opportunities for the business. It is about the benefit of each member and to make sure that the traffic of benefit is two way. It may be a major step by RCOM to step ahead from the local competition to the global competition but then competition just gets fierce where in the expectations is not only from the customers but also the stakeholders.
Merger is not always about growing it is also about reduction of the redundant. The one who face the brunt of it are somewhere the cause of success but In this era of globalization there is no dearth of talent and nor of the talent seekers …. May the world maintain the progressive nature and we have our job to earn our livelihood.
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1 comment:
hmmm...interesting...
seems that you are getting pretty interested in the recent business happenings around the world.
keep up the reading and i am sure that in some time you will be able to write even further on topics of greater concern to the economy.
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