Middle East and North Africa MTN Operators October 20, 2009 Bharti, MTN extend talks again as conclusion looms India's Bharti and South Africa's MTN have again extended their merger talks by another month, this time declaring a deadline of September 30 as a successful outcome appears likely. By Mobile World Live
Middle East and North Africa MTN Operators October 20, 2009 Bharti, MTN execs meet Indian ministry Dow Jones Newswires reports that Bharti Airtel’s chairman Sunil Mittal and MTN chief executive Phuthuma Nhleko met today with India's federal finance minister Pranab Mukherjee as the two companies strive to come closer to a deal to combine. By Mobile World Live
Middle East and North Africa MTN Operators October 20, 2009 Bharti secures US5B loans to fund MTN deal India's Bharti Airtel has reportedly been successful in securing around US$5 billion in bank loans to fund its planned merger with South Africa's MTN, raising expectations that the deal could be completed before the latest 30 September deadline. By Mobile World Live
Middle East and North Africa MTN Operators October 20, 2009 MTN reports strong 1H09, no comment on Bharti South Africa's MTN this morning reported a strong set of financial results for the first half of the year but remained tight-lipped on its ongoing merger talks with India's Bharti. By Mobile World Live
E& Middle East and North Africa MTN Operators Telefonica October 19, 2009 Foreign players eye stake in Nigeria’s Nitel Several leading international operators are among the 13 potential investors that have expressed interest in acquiring Nitel, the struggling state-controlled Nigerian operator. By Mobile World Live
Middle East and North Africa MTN Operators October 19, 2009 Bharti linked to increased offer for MTN Reports this week claim that Indian mobile operator Bharti has sweetened its offer to buy a 49 percent stake in South Africa's MTN, increasing the likelihood that the two companies will reach a deal to create a global industry giant By Mobile World Live
Middle East and North Africa MTN Operators October 19, 2009 Doubts raised over Bharti-MTN deal A deal between MTN, of South Africa, and Bharti Airtel, of India, to allow the telecoms groups to exploit markets in Africa and the Middle East may be in trouble, according to a Financial Times (FT) report. By Mobile World Live