LEADCOM, a real growth company.

People are beginning to see that a court decision will be made soon and whatever way it goes it will be positive for Leadcom.

Remember they’ve worked with all the parties before and they now have an established presence in India.

Nokia are currently favourites for the 60% allocation but their bid was well below that of others and so margins for Lead could be tighter. (Lead’s closest relationship is with Nokia accounting for 30% of revenues).

If Motorola replace Nokia margins should be higher and because Motorola have less infrastructure in place in India they may even be more dependent upon the support of partners such as Leadcom.

Erricson are currently in position for the 40% allocation and their bid was a lot higher than Nokia’s and so margins should be fatter.

So, bottom line is, it doesn’t really who gets the contract; if they have good relationships with their partners, they should get a tasty slice of the action….