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1. Hutch-Essar complete enterprise has been valued at $18.8 Billion.
2. Vodafone paid a high price for acquisition i.e $770 per subscriber as it fits into over all plan of Vodafone's focus on increasing presence in emerging markets.However London Stock Exchange has given its acquisition a thums up.
3. The combined entity is Fourth largest with a mobile subscriber base of 24.41 million.
4. Analysis: Market rally may be led by Bharti and reliance communication as and when this rally occurs along with Reliance.Telecom will lead the rally as mobile penetration is less than 13% in India as compared to 52% in Brazil and 41% in China.Further GPRS usage will give further fillip to the revenue.So a lot of up move scope is their considering vast human resource in India.
