Mahanagar Telephone Nigam Limited (ADR) (NYSE:MTE)
The Company is the principal provider of fixed-line and other basic telecommunications services in Delhi and Mumbai. It also provides internet and cellular services in both Delhi and Mumbai.
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Looks like a sure winner
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An attractive 11.3 P/E. As it becomes discovered by US investors who are looking towards the Indian cell market, this company is going to see big growth. Having a hold on the land line and internet stuff doesn't help either. May not be the biggest player in the market, but hey - often the little guys provide the biggest returns.
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A reasonable valuation and a growing demand for MTE's services has me on board.
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Small wireless player in a market that will grow 5x in next 5 years
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Cellular technology in developing countries...
a sure bet.
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this is one of those Markham picks -- let's see
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This stock was picked by TMF VS0.
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