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India & FSS From way back but

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Esyn   Tuesday, 08/08/06 11:30:06 AM
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India & FSS From way back but worth revisiting -->

http://www.domain-b.com/finance/general/20051129_billion.html

Job Listing: (mention of Carlyle but not Globetel...)

http://jobs4umate.wordpress.com/2006/08/02/software-developer-15-to-5-yrs-team-leads-project-leads-j...


Note from SHL (my bold)

"In India, for example, in an exclusive partnership with the largest financial processor in the country, FSS (partly owned by the Carlyle Private Equity Group, of which President George H. W. Bush is a Senior Advisor), our Magic Moneyä Division will shortly enable more than 25 million, existing debit card holders to become immediate members of our Magic Moneyä network, giving them access, at very low cost (i) to money remitted from relatives abroad, and (ii) to inexpensive telephony so that they are able to stay in touch in a way that was unimaginable even a year ago. A remarkable breakthrough. The money remittance market alone is projected to grow to $257 billion per year by 2009."
http://www.globetel.net/about/letter033106.html

FWIW
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