Word: nigam
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...being reformed, allowing prices to slide and competition to increase. The market has drawn potent players in the form of cell-phone subsidiaries backed by foreign heavyweights such as 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...