Due diligence of a broadband WiMAX operator Metamax in Hyderabad on
behalf of Kuwait Finance House.  Operating under a non-standard frequency 2.839GHz, with a contract
agreement with public organization Railtel.  The audit which was undertaken in meetings with meeting with the
management team, covered, a review of the: regulatory framework, intended
market focus, plans for network rollout, set targets for deployed sites, subscriber
forecast, vendor and equipment supply. The business case was thoroughly
reviewed, together with set physical and financial rollout targets, and an
overview of the P/L, and financing requirements.