Word: rural
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Dates: during 2000-2009
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That leaves Telenor vast potential for expansion in South Asia. Meeting demand in Pakistan, where Telenor is the third largest operator with roughly a fifth of the country's market, requires adaptability. In rural Sindh province, for example, Telenor Pakistan sells cell-phone credits to women who pass them on to poor neighbors for two cents each; in urban centers, it sells youngsters sms messaging in prepay packages. Targeting a range of customers is bringing rewards. Sales in Pakistan almost tripled last year to $632 million; Tore Johnsen, the Norwegian in charge of Telenor Pakistan, expects that rapid growth...
...realizing potential in emerging markets doesn't come cheap. Picking up new subscribers in low-penetration markets like Pakistan means beefing up network capacity and extending coverage into new, often rural, areas. Groundwork like that established across Pakistan and Bangladesh has already cost Telenor some $3 billion in the last three years, according to Handelsbanken. So while "we invest, and grab as much revenue as possible," says Telenor Pakistan's Johnsen, "we can't imagine that we will recover our initial investment any time soon." Powerful companies like China Mobile have recently joined Telenor in Pakistan, and Egypt's Orascom...
...stuff of fantasy: a charming prince arrives at his girlfriend's rural English estate, swooping in on his trusty steed. But when Prince William flew a Royal Air Force Chinook helicopter to Kate Middleton's garden earlier this month, he should have known that his romantic gesture wouldn't lead to a fairytale ending. Rather than emerging as the knight in shining armor, William has drawn criticism for his personal use of military craft and reopened a controversy in Britain about his and his brother's privileged role in the armed forces during a time...
Which is why this Sunday's presidential election promises to be such an important turning point for Paraguay - and one that holds significance for the rest of South America. The front-runner is a former Catholic bishop, Fernando Lugo, a liberal whose base is the poor rural heartland, where he is popular for his work with landless peasants. If elected, Lugo would be the first former Catholic bishop ever to become President of a nation. He has also pledged to tear up electricity price contracts with neighbors like Brazil, deals that he charges cheat Paraguay out of hundreds of millions...
...even strong rainfall would stop this now," says firefighter Jorge Albornoz in the rural area of Victoria in Entre Rios, who said some of the islands under fire, cut off by collapsed bridges and thick smoke, are unreachable by firefighters overwhelmed by the size of the fire and by the lack of equipment. Even the single airplane and two helicopters available equipped for dousing water on the flames are unable to penetrate the thick smoke over the area. Meanwhile, the government announced phone numbers for neighbors to report farmers who have started fires...