MTN chief hints at European bidder

indiatimes.com     May 19, 2008            

20 May, 2008, 0000 hrs IST,Kausik Datta, MUMBAI: The South African telco MTN, which is discussing a merger with Bharti Airtel, is tempted by opportunities in Asia and wants to play a larger role in the mergers and acquisitions of the Asian telcos without ruling out the possibility of a third... [read full story]                

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Regulatory hurdles delay weekend deal

livemint.com     May 18, 2008          

MTN has networks in several countries like Iran, Syria and Liberia where Office of Foreign Assets Control rules prohibit US firms from funding acquisition of an asset New Delhi: Merger talks between top managers of India’s biggest mobile phone services firm Bharti Airtel Ltd and MTN Group Ltd,...                

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Cell Users May Applaud Bharti Buy

allafrica.com     May 19, 2008          

Posted to the web 19 May 2008 Tim Cohen Johannesburg MTN is a prized South African company whose largely black management have driven growth at an amazing clip, so there may be a bit of nationalistic disappointment if it falls into the hands of India's largest cellphone company, Bharti Airtel....                

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South Africa: Cell Users May Applaud Bharti Buy

allafrica.com     May 19, 2008          

Posted to the web 19 May 2008 Tim Cohen Johannesburg MTN is a prized South African company whose largely black management have driven growth at an amazing clip, so there may be a bit of nationalistic disappointment if it falls into the hands of India's largest cellphone company, Bharti Airtel....                

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Africa: Indian Eyes On Continent

allafrica.com     May 19, 2008          

Talks between South African MTN and India's largest mobile-phone operator, Bharti Airtel, are now centered on a full takeover. Bharti said last week it was in talks with MTN to "combine the strengths of the two leading players from emerging markets, and is accordingly veering toward possible...                

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Indian Eyes On Continent

allafrica.com     May 19, 2008          

Talks between South African MTN and India's largest mobile-phone operator, Bharti Airtel, are now centered on a full takeover. Bharti said last week it was in talks with MTN to "combine the strengths of the two leading players from emerging markets, and is accordingly veering toward possible...                

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Bharti, MTN End Merger Talks

tmcnet.com     May 20, 2008          

According to financial industry sources, India's Bharti and South Africa's MTN Group have completed the negotiations for merger, even though Bharti has maintained that the talks are only at the preliminary stage. Bharti's chairman and managing director, Sunil Mittal held the final talks with...                

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BhartiMTN deal unlikely to close by weekend: Srcs

moneycontrol.com     May 20, 2008          

India\'s biggest cross border MA deal could take a while to be ironed out. CNBCTV18 has learnt that contrary to speculation, talks between Bharti Airtel and MTN are unlikely to close by the end of this week. It will be a complicated deal and one that has no timeline said a company source.                

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MTN chief Nhleko may want big role

livemint.com     May 20, 2008          

MTN, with a 290 billion rand (Rs1.65 trillion) market capitalization, operates in countries in east, central and west Africa such as Nigeria, Cameroon, Ghana, Zambia and Uganda Johannesburg: Phuthuma Nhleko, chief executive of South Africa’s MTN since 2002, is one of the country’s best-known...                

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Bharti, MTN merger talks could wind up this weekend: report (AFP)

go2blogging.com     May 20, 2008          

NEW DELHI (AFP) - Merger talks between India's biggest mobile phone services firm, Bharti Airtel, and South Africa's flagship MTN Group could wind up this weekend, a report said on Saturday. Bharti and MTN, Africa's biggest cellular operator, were putting finishing touches to a funding structure...                

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South Africa: Bharti, MTN Deal Could Hit Legal Hurdle

allafrica.com     May 21, 2008          

Posted to the web 21 May 2008 Sure Kamhunga Johannesburg AN INDIAN telecoms watchdog has threatened legal action if the proposed deal between Bharti Airtel and MTN breaches India's foreign-ownership rules. But MTN's suitor is reportedly teaming up with its Singaporean partner to form a special...                

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