India’s relaxation of M&A laws may drive Bharti deals
India’s largest mobile operator Bharti Airtel is keeping an open mind on future domestic acquisitions as the country’s government seeks to relax rules for mergers and acquisitions in the telecoms sector to facilitate consolidation in the crowded 15-player market. “Bharti as a company has grown both through organic and inorganic forms of growth. So we are not averse to acquisition, but every acquisition has to be evaluated on its merits,” CEO Sanjay Kapoor told Mobile World Live in an exclusive video interview.