tag:blogger.com,1999:blog-6283845125208268798.post8185189904632985642..comments2024-03-27T11:21:40.742+04:00Comments on Muscat Confidential: Asian Beach games a success; Omantel to formally ask shareholders for more cash to WorldCall this weekUndercover Dragonhttp://www.blogger.com/profile/10577931944980469254noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6283845125208268798.post-77178275947466514432010-12-13T14:41:15.674+04:002010-12-13T14:41:15.674+04:00Because you made a bad decision at first (or decis...Because you made a bad decision at first (or decision which doesn't make any business sense) you justifying sinking more money into the drain. That is the justification anon1 is putting. Was worldcall the only investment avenue available for Omantel? <br />It is a given that worldcall will default and Omantel will payup although we don't know who will benefit from this.justcurioushttps://www.blogger.com/profile/13345043885592130134noreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-35126398478994805742010-12-12T23:10:12.108+04:002010-12-12T23:10:12.108+04:00Beach games sound like fun, but I have heard of ma...Beach games sound like fun, but I have heard of mass chaos as volunteer and media registrations still being conducted the day of the opening ceremony.<br /><br />Still, good chance for Oman to 'win' some 'medals' in the 'sports' they are participating in. (Although give them credit for the swimming, Sailing, Handball and Soccer)<br /><br />(Oh, and how did Oman 'win' a bronze medal, without winning a match in one event...ahem...back.....ahem...hander)<br /><br />mmm...booties...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6283845125208268798.post-47218366029380234242010-12-12T13:32:44.966+04:002010-12-12T13:32:44.966+04:00Omantel is only giving guarantee and is not puttin...Omantel is only giving guarantee and is not putting in any further money at all. This does not involve paying of cash. Yes for the sake of argument it can be said that what if WTL defaults...? Yes in this case Omantel has to pay money. But why Worldcall should default? if such a strong regional operator is there who is sponsor of Worldcall. <br /><br />Independent consultant is hired which reports that 5 years business plan is successful. Who knew that crisis in world would be there ? No one knew that. Yes it has been unlucky that PK depreciated as compared to dollars but this was an unseen even by rest of the world too. What is happening in Ireland? Earlier in Greek? Were't they were someone's fish to fry ? <br /><br />So the best is to support Omantel in their business plans. Why to risk who USD 185m invested earlier then the sake of something which at the moment right now doesn't even involves cash payment.Anonymousnoreply@blogger.com