[governance] FW: Lee McKnight has forwarded a page to you from FierceTelecom

Lee W McKnight lmcknigh at syr.edu
Thu Jan 19 14:55:39 EST 2012


This caught my eye....see below.

India's Reliance Telecom I thought had cleverly bought up FLAG cheap following the Internet bubble...but the present economic crisis has forced them to sell apparently. This network is one of the core undersea backbones for international Internet traffic, to Africa, Middle East and Asia if I  recall their reach correctly.

And IPO priced at - a bargain $1bn - $2bn.

My suggestion: some rich foundation or aggregation of cs groups...should buy a chunk of this, for international cs use.

Or, any of you in the 1%, just play the IPO game yourselves and donate to...IGC? ; )

Tim will manage it for us so we're good to go day one.

Hey, I can dream...

From: noreply at fiercetelecom.com [noreply at fiercetelecom.com] on behalf of lmcknigh at syr.edu [lmcknigh at syr.edu]
Sent: Thursday, January 19, 2012 2:37 PM
To: Lee W McKnight
Subject: Lee McKnight has forwarded a page to you from FierceTelecom


Lee McKnight<mailto:lmcknigh at syr.edu> thought you would like to see this page from the FierceTelecom web site.

Message from Sender:

FYI, Reliance bought low and is selling high(er)...it would be great if some NGOs bought a chunk of this cable for - global cs use.

Hey I can dream.

Report: Reliance Globalcom could sell stake in its FLAG cable system<http://www.fiercetelecom.com/forward/emailref?path=node/44171&utm_campaign=Email-Share&utm_medium=Email&utm_source=forward>
Reliance Communications is looking for ways to raise some cash and it believes that by selling a big stake of its Flag Telecom cable system it could raise up to $1.5 billion, reports Bloomberg.

Click here to read more on our site<http://www.fiercetelecom.com/forward/emailref?path=node/44171&utm_campaign=Email-Share&utm_medium=Email&utm_source=forward>

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