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Showing posts from January 7, 2009

Mobile Network Congestion

Well, we have reliance GSM service ready for all.. a sim getting delivered at ur place at 25 rs and a talk time of 10 rs per day... but the condition of cellphones in INDIA isnt...

Lets read a TRAI's report..

Telephone subscriber base 374.13 millionThe congestion levels between one network to another has risen considerably with Bharti Airtel's network emerging the most congested.
Between July-September 2008,
Airtel had 41 points of inter-connections (POIs)- the highest level of congestion among the various networks.Vodafone was the second most congested network with 22 POIsReliance Communications and Idea had 19 each
POI parameter signifies the ease with which a customer of one network is
able to communicate with a customer of another network. It also reflects
as to how effective is the inter-connection between two networks.

Satyam Fiasco

The Post is related to the facts that have been given by B. Ramalinga Raju on the debacle of SATYAM... He has finally agreed to flaws and has given resignation.. Sad day for IT...

1. The balance sheet carries as of September 30, 2008

a) Inflated (non-existent) cash and bank balance of Rs 5,040 crore (as against Rs 5361 crore refglected in the books)

b) An accured interest of Rs 376 crore which is non-existent

c) An understated liability of Rs 1,230 crore on account of funds arranged by me

d) An over stated debtors position of Rs 490 crore (as against Rs 2651 reflected in the books)

2. For the September quarter (Q2) we reported a revenue of Rs 2,700 crore and an operating margin of Rs 649 crore (24 per cent of revenues) as against the actual revenues of Rs 2,112 crore and an actual operating margin of Rs 61 crore (3 per cent of revenue).

This has resulted in artificial cash and bank balances going up by Rs 588 crore in Q2 alone.

The gap in the balance sheet has arisen purely on account …