Although not immediately, the joint venture will help us to become a meaningful player in the market, one of the top three. We also expect the Chinese government to be auctioning 3G contracts in the next 12 months, which is bound to increase the demand for billing services.

Yair Sakov

Although Help Immediately Joint Market Meaningful Not One Player Venture

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Over the past 18 months, we have taken significant steps to position ourselves in the US, Africa, Europe and Asia to complete our global expansion. We will now focus on developing recent acquisitions and joint ventures.

AfricaAsiaEurope

I'm pleased for the joint venture because I was obviously a part of the organisation,

— Ellery Hanley

JointObviouslyOrganisation

Initially, we are allocating $6 million from our budget to the joint venture.

— Alexei Miller

BudgetInitiallyJoint

I don't expect the Wachovia (joint venture) to be a big headache going forward. It's not a cheap stock but it's still a good franchise with good growth prospects.

Any challenger to a market where one player holds 80 percent share not only has to build a better mousetrap but improve upon the mouse.

— Jonathan Spira

BuildHoldsMarket