Sunday, October 25, 2009 5:17:56 PM
· Any positive outcome of the interest shown in acquiring majority stake in
Kuwait’s Zain can substantially boost our earnings estimates.
· Any grant of new licence in Africa or any acquisitions thereof would
positively impact our revenue growth estimates.
· The realty income from Noida property would also increase our earnings
estimates.
· The abolishment of license fees on fixed-line telephony would result in
positive impact on margin.
· The Company has surplus land and is planning to lease it out on a longterm
lease or revenue-sharing arrangement. The unlocking of its land
value can be a key risk to our rating.
http://www.valuenotes.com/Indiabulls/indiabulls_mtnl_08Oct09.asp?ArtCd=149550&Cat=C&Id=78
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