Sri Lanka’s Etisalat Spends $163mn On Expansion And 3G Upgrade

Sri Lanka’s Etisalat device said it was spending 163 million US dollars to broaden its network into war ravaged north of the united states and improve its broadband services in cities. The expansion will see 480 new base stations taking the full total to 1580, which the company says will be the largest in the island. We are virtually a debt-free company,’ deputy chief executive Riyaz Rasheed said. The firm said its subscriber base was close to 3 now.0 million. Sri Lanka’s Bharti Airtel device has petitioned courts within the move. Sri Lanka’s 15 million-subscriber market is shared between Dialog Axiata, Sri Lanka Telecom Mobitel, Airtel, Etisalat, and Hutch.

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Kesoram Industries has very good property, strong brand in cement and Tyre section, business network across the country, and capable promoters. New promoters have used every step to bring back the ongoing company on track. Significant decrease in debt and interest cost has given very clear visibility that company will make a turnaround in coming quarters.

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All of us could advantage by examining our inclination to invest with our hearts rather than our heads-especially as it pertains to gold. • “We are living in a global world of money printing. … That is why I’ve again to recommend yellow metal. 2,000s.” Quotation related to Felix Zuelauf, Zuelauf Asset Management. • “Investors can select from artificially priced financial property or real property like oil and platinum, or even to be safe really, cash. … My first suggestion is GLD – the SPDR Gold Trust.” Quotation related to Bill Gross, PIMCO. • “I am recommending gold, as I’ve done for many years.

I will continue to do so until the gold price strikes the blow-off stage, which is around the corner nowhere. … The surroundings for gold couldn’t be better. 10,000.Quotation attributed to Fred Hickey “, The High-Tech Strategist. Each January, a group of prominent investment experts gather in New York as people of the Barron’s Roundtable to operate quips, stock ideas, and the outlook for markets and economic developments worldwide. Barron’s-a weekly financial newspaper with a little but dedicated following of professional and do-it-yourself investors-publishes a transcript of their remarks over three successive issues. Although the entire year is definitely not over, it’s off to a tough start for yellow metal enthusiasts.

Taking a somewhat longer view, for the 40-yr period closing March 31, 2013, silver performed consistent with many broadly adopted fixed income benchmarks, while lagging behind most collateral indices. Considering the volatility of gold prices, even a 40-calendar-year period is too brief to provide conclusive proof regarding platinum’s expected return.