Mahanagar Telephone Nigam Ltd. (MTE): They were used to be a government compan...

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Mahanagar Telephone Nigam Ltd. (MTE)

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Re: inflationista post# 14

Monday, 10/19/2009 11:59:53 AM

Monday, October 19, 2009 11:59:53 AM

They were used to be a government company...they are losing maybe the share, but their number of customers is increasing anyway. And they have a lot of lands....and believe me, the land in India in big cities and nearby is multiplying...

I believe this one is a nobrainer. Still own nothing but will sell some portion of CNO soon......and it will go to MTE I guess. Their subsidiary in Nepal is having huge increase in sales every year...I think in India they can get from here only stronger. Indians are crazy for mobiles, They have latest technology and everybody on the street or bus stop is calling....I am used to visit India pretty regularly......

I like this stock is traded also on all Indian exchnages. And there is 46000 emloyees....

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