They are federally regulated and take bids collectively from buyers and sellers of electricity and subsequently establish a price.

FORBES: Is Another Enron Possible in Today's Energy Market?

Even if others are keen on a field, however huge, in pristine jungle nearly 500 kilometres and a mountain range from the populated coast, new bids would take time: Perupetro, the state oil firm, says it would take the rest of 1998 to prepare bidding specifications, under the government's new plan to divide the deal into three: operation of the field, the main pipelines, and distribution.

ECONOMIST: Seismic shock from Camisea

Expect the company to attract its own takeover bids, perhaps from Verizon, which needs to bulk up to take on its now significantly larger rival.

FORBES: AT&T's Call For Relevance