Tuesday, May 17, 2005

Isn't this the Future??

Did I tell you this is where the future of business is??

The elephant can really dance.Since realizing its mistakes and its near debacle in the 80's ,Big Blue have taken a lot of initiative to stay at the forefront of change.It emacipated Linux at a time when most of its peers were sceptical of the open source OS.It has since then reduced its costs by many folds.Looking at the viral nature of Blogs and the possibilities it presents,the company has taken the initiative to ask its internal employees of more than 300,000 to engage in internal branding for itself,if one would call it so.It's no wonder why Indian companies are not adopting such strategies on a corporate level to position their products which would expose them to a much bigger audience at an expense which would be negligible.The marketing and PR departments should explore the various possibilities available today to reach its target segment rather than sticking to the traditional way of doing things which is becoming obsolete anyway.Is anybody listening ??

Tuesday, May 03, 2005

Qwest VS Verizon

The recent Qwest Vs Verizon fiasco to obtain MCI has evoked interest in the financial and the M&A sector in a big way.The confusion of the shareholders of MCI and the fluctuating decisions of the board all added up to the interest of who would bag the once venerable telecommunications company,till it made news for all the wrong reasons.It is a positive step that MCI board has decided to stick to the revised Verizon's offer of $26.For every MCI share, Verizon's revised offer works out to $26, comprising $5.60 in cash plus the greater of either 0.5743 Verizon share or stock valued at $20.40. (A previous Verizon offer totaling $23.10 had raised a lot of eyebrows when Verizon paid $25.72 per share for more than 40 million shares owned by entities affiliated with MCI's largest shareholder, Carlos Slim.It seems the MCI shareholders would benefit from the prospect of rising of Verizon's stock prices in the long run if the deal goes through.Though,Qwest have brushed aside the deal calling it to be lopsided against the MCI shareholders,but it would definitely bring an end to the speculations surrounding the acqusition.

Only time would tell if the acqusition had really been successful from the MCI shareholders point of view.