Well regarding TTML...i wuld suggest old onto it. Currently the spectrum issues is in fiasco so there will be some dry time. But this is going to be for sometime only. Infact investing in other telecom companies like reliance comm or Bharti airtel is a good idea and the key is hold onto them. All these players are going to ge extra spectrum and will add huge numbers of subscribers. Buzzz word hold on to TTML and see after 6 months...it will peak up.