Tuesday, November 22, 2005
Sunday, November 13, 2005
Clarification on Huawei in India; ZTE wins at BSNL
Saturday, November 12, 2005
IBM spreads wings in India
Tuesday, November 08, 2005
Brightpoint shining bright
IDTI sounds positive
MTZ improved margins faster than the top line growth and this trend should continue for forseeable future, which makes this stock a nice play. One overhang on MTZ stock is the looming equity offering. How will VZ spend more on FTTx next year to achieve 50% more penetration, and which equipment categories will be negatively affected by that? I have my opinons on this and would like your feedback on this.
Monday, November 07, 2005
Mastec margins improving- read on Telco/cable spending
Company also filed its 10Q and according to it there was only one customer accounting for 28.4% of total revenues were attributed to one customer instead of two customers accouting for 36.7% from two customers in previous customers. Company also disclosed revenues by industries for only three industries instead of four in June, the missing puzzle is from Energy. Conference call will be held tomorrow, look forward to listening about VZ, BLS, CMCSA spending plans as lower rev guidance suggests slowing down or just customer transition issues.
Saturday, November 05, 2005
Not all revenue is created equal
The pricing pressure in Indian wireless infrastructure market is notoriously intense driven by low ARPU earned by local operators. ERICY,
BSNL has a 60-70 million lines tender worth more than $4 billion out for proposal out of which about 25% is reserved for a Indian equipment maker. The NT episode has put other bidders into a defensive tizzy. ERICY, which has over 40% market share in Indian wireless infrastructure market, proclaimed on their earnings conference call “we are not going to lead prices down”. According to my sources BSNL has banned Huawei from bidding. What were they thinking by banning the lowest price bidder? With Huawei missing the pricing might not be as bad this time around. BSNL management has indicated that it would not squeeze suppliers as it was not interested in just buying cheap equipment.
Investors should always pay attention to margin each incremental dollar in revenue brings. Remember, value is created on the margin. After the dotcom bust winning market share by losing more money is not in fashion any more.
Thursday, November 03, 2005
IBM to expand in India
Wednesday, November 02, 2005
First Forbes and now Kiplinger
The one thing I want more than anything is to have the readers of this site get more involved with their comments and feedback.