Word: cellular
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...Detect him electronically, triangulate his position quickly, listen long enough to make sure he's the right man, then drop a bomb fast. But U.S. snoopers would need to be able to eavesdrop, and he's not talking over cellular or satellite airwaves anymore...
Time passes slowly in India, but not for Sunil Mittal. Four years ago, the 45-year-old entrepreneur was a bit player in the Indian telecommunications market, the owner of cellular franchises in Delhi and the small neighboring state of Himachal Pradesh. Total customer base: 116,000. Today, his Bharti Tele-Ventures is the largest mobile phone company on the subcontinent. Customer base: 2.5 million. He recently wrapped up a $1 billion expansion that quadrupled the size of his network in less than a year. Mittal even completed an acquisition of a competitor?from initial offer to signed contract...
...Hong Kong's Hutchison Whampoa and AT&T Wireless. Other rivals are piling in: a government phone company, Bharat Sanchar Nigam, is expanding its mobile network. And in December, India's powerful Ambani family, which controls Reliance Industries, India's largest private sector company, is launching a discount national cellular service. Industry experts say the market is becoming too crowded given India's relatively poor population?and Mittal is fighting on too many fronts. "He's chewed way more than he can eat," says an executive at a foreign telecom firm in New Delhi. "If I were Sunil Mittal...
...financially-strapped companies, he acquired control of operators in the huge southern Indian city of Madras and two other rich southern states. In one case, Mittal bought out a rival over a weekend. One Friday night in 2001, Bharti was contacted by an investment banker representing Spice, a cellular carrier with a franchise in Calcutta, the capital of West Bengal state, and asked if they were interested in a deal. At the time, Bharti was considering an independent bid for a license to serve the area. The deadline was the following Monday. The two sides met at Bharti's Delhi...
Team members, immediately sharing their excitement with families via cellular phone, sought out their tournament destination. Then the most suprising announcement...