Vodafone Group Plc, the world's largest mobile-phone company, bought India's Hutchison Essar Ltd. and Turkey's Telsim Mobil Telekomunikasyon Hizmetleri AS as part of its plan to tap growth in emerging markets, which are expanding very fast.
In 2006, it reorganized into three units covering Europe, emerging markets and new technology to boost innovation.
Emerging markets entertain surging revenues.
And innovation is the soul of creative destruction.
[Click here for full story at: BLOOMBERG.COM]
Saturday, May 26, 2007
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