No 'immediate' acquisition plans: Airtel
The deal size between Bharti Airtel and MTN was estimated to be worth over 23 billion dollars and the combined entity would have been among the top five operators globally with revenues worth 20 billion dollars and 200 million subscriber base. When asked about the price war being witnessed in the telecom...
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- News Source: Asian Wall Street Journal | 12 days agoA few weeks ago, talks about a potential $24 billion merger between Bharti Airtel and MTN Group of South Africa fell apart at the last minute after months of negotiations and despite the support of the Indian government because of concerns among...
- News Source: Asian Wall Street Journal | 12 days agoAfter the collapse of a $24 billion merger deal with MTN Group Ltd. at the eleventh hour, Bharti Airtel Ltd., India's biggest wireless telecommunications company, remains interested in targets in Africa but will be more cautious in its pursuit of a...
- News Source: NewKerala | 13 days agoHe also noted that the effect of the recent tariff competition in the domestic market would play out in the next two quarters. "We responded (to tariff cuts) as we did not have a choice. We have always said we will never lead the price war, but...
- News Source: NewKerala | 13 days agoThe deal size between Bharti Airtel and MTN was estimated to be worth over 23 billion dollars and the combined entity would have been among the top five operators globally with revenues worth 20 billion dollars and 200 million subscriber base. When...
- News Source: Daily News & Analysis | 13 days agoHome > Money > Report Bharti Airtel not seeking new buys Reuters Sunday, November 8, 2009 13:07 IST New Delhi: Bharti Airtel chairman Sunil Mittal said on Sunday that the company was not actively seeking acquisitions after its $23 billion planned...
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- Blog Source: www.vamban.comNew Delhi, Nov 8 - Bharti Airtel chief Sunil Mittal Sunday said his company was not actively looking for new acquisitions after its talks for a mega.
- Blog Source: www.indychai.comBharti Airtel not seeking new buys. Sun, 08 Nov 2009 07:37:00 +0530; Bharti Airtel chairman Sunil Mittal said the company was not actively seeking acquisitions after its $23 billion planned tie-up with South Africa′s MTN collapsed. ...
- Blog Source: singaporebizz.comChairman says hopes to start lookout for buys soon (read more here...)
- Blog Source: otcstock.usAn international acquisition would open new revenue streams for Bharti Airtel as its home market saturates and cut-throat competition is pushing call charges even lower in a market which already offers some of the world's cheapest call ...
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