Word: localized
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...convinced, says Jon Fredrik Baksaas, Telenor's CEO, that "mobile communications are as important in this kind of society as in Scandinavia." Once Grameenphone, its business in Bangladesh, was up and running, Telenor sought fresh openings in markets offering rapid growth, and gradually accrued controlling stakes in local Thai and Malaysian operators. When Pakistan invited bids for a license to operate from 2005, Telenor jumped at the chance...
...Thailand, Pakistan and Bangladesh have all experienced political turmoil in recent years, but that has posed less trouble than unexpected tax increases. Operators were forced to subsidize a 2005 levy imposed on the sale of SIM cards in Bangladesh, for instance. And in Grameenphone's case, work with its local partner hasn't always been straightforward for Telenor. The Norwegian firm owns 62% of Grameenphone, with Grameen Telecom - part of the bank founded by Bangladeshi Nobel Peace Prize winner Muhammad Yunus - owning the rest. Yunus claims the Norwegians reneged on a deal to cede majority control a few years back...
...February 2007, Warner's wife prodded him to read Obama's book The Audacity of Hope. Soon he was logging onto www.barackobama.com and creating a Facebook-like page, hoping to connect with nearby Obamanistas. There were few, so he set up a site on the campaign's homepage for local union workers, and another one for any South Bend resident...
...gathered at the St. Joseph County Democratic headquarters to eat pizza and watch the Ohio and Texas primary results. Then came a call from Obama's Chicago headquarters. An Obama representative told them, "Indiana matters," and gave marching orders: first to get a real estate agent and scout a local campaign office. They settled on a first-floor office in a redbrick building next door to the county-city hall. An elderly Indian-American couple whose children had moved away offered three spare bedrooms for national campaign staffers who were soon to arrive. Warner set up the office's electrical...
...able to explain to a 10 year old why they are investing in a company. Lynch also pointed out that an investor only needs one or two good stocks a decade to be successful. He gave the example of a man who invested $1000 a year in two local companies, Friendly’s and Tampax, and ended up making $20 million. Students said Lynch was a conversational and funny speaker, admiring his use of personal anecdotes and specific examples to illustrate his points. “I read his book and liked it, and I thought...