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Alan Hellawell, head of Asian telecommunications equity research, Lehman Brothers:

February 15, 2005
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The hike in FDI will generate a renaissance of interest among foreign investors. This is also a desirable development as far as IPOs of telecom companies are concerned. According to media reports, Hutchison Max Telecom, Idea Cellular and Reliance Infocomm may spin off their operations.

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