The loss-making African operation of Bharti Airtel is expected to dent near-term earnings of India’s biggest mobile operator.
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/ 10 January 2011
The expansion by Bharti Airtel into Africa underscores the rise of India on the continent, at a time when the focus on investment has been on China.
India’s Bharti Airtel has completed its $9-billion acquisition of African operations from Kuwait’s Zain.
Bharti Airtel looks set to wrap up its $9-billion deal to buy most of Kuwaiti telecom group Zain’s African assets.
Bharti Airtel said it had tied up the entire financing requirement of $8,3-billion for its planned buy of Kuwaiti telecom Zain’s African assets.
Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning his bid to gain a foothold in Africa.
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/ 25 February 2010
Bharti Airtel said $9-billion was not a high price for Kuwaiti telecom Zain’s African assets given the growth opportunities.
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/ 17 February 2010
Indian telecom tycoon Sunil Bharti Mittal is hoping to make it third time lucky as he seeks to gain a presence in Africa.
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/ 15 February 2010
India’s Bharti Airtel launched its third attempt to gain a foothold in Africa, entering $10,7-billion talks to buy most of telecom Zain’s assets.
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/ 13 February 2010
Bharti Airtel has offered up to $10,7-billion for the African assets of Kuwaiti telecom group Zain, newspapers reported on Saturday.
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/ 16 December 2009
India’s Bharti Airtel may be looking to buy Bangladesh’s Warid Telecom for up to -million.
Shares in India’s top cellphone company Bharti Airtel jumped on Thursday, a day after it announced merger talks with MTN had been called off.
The South African Treasury on Wednesday played down its role in tanked merger talks between MTN and India’s Bharti.
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/ 30 September 2009
Bharti Airtel said late on Wednesday it and MTN had called off tie-up talks because the SA government would not accept the deal in its current form.
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/ 30 September 2009
The fate of a major tie-up between Bharti Airtel and MTN hung in the balance on Wednesday with the deadline for talks due to expire.
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/ 29 September 2009
India’s Bharti Airtel will issue a statement on Tuesday on its tie-up talks with MTN, a source with direct knowledge of the matter said.
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/ 28 September 2009
Bharti Airtel and MTN are not looking at a dual-listed structure immediately if their merger goes ahead, India’s finance minister said in an interview
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/ 22 September 2009
Bharti has offered to retain the management at MTN for at least three years and given the option of an all-cash offer to minority MTN shareholders.
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/ 21 September 2009
SA’s Treasury is to meet government officials in India to discuss foreign exchange-control implications of the planned tie-up between MTN and Bharti.
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/ 17 September 2009
The proposed tie-up between MTN and Bharti Airtel is being held up by legal problems in India, President Jacob Zuma said on Thursday.
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/ 15 September 2009
Icasa said on Tuesday it might not grant approval for the proposed tie-up between mobile phone group MTN and India’s Bharti Airtel this year.
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/ 15 September 2009
The proposed tie-up between cellphone group MTN and India’s Bharti Airtel needs Cabinet level approval in SA, as the deal enters a critical week.
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/ 14 September 2009
Icasa on Monday said that the proposed tie-up between MTN and India’s Bharti Airtel may need to be the subject of public hearings.
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/ 13 September 2009
South African Communications Minister Siphiwe Nyanda has expressed caution over a proposed tie-up between MTN and India’s Bharti Airtel.
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/ 11 September 2009
Bharti Airtel’s move to sweeten a -billion deal with MTN is a key step in reaching an agreement as a deadline nears, sources said on Friday.
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/ 10 September 2009
Shares of Bharti Airtel rose as much as 3,55% on Thursday on a report that it had sweetened its offer to buy a 49% stake in MTN.
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/ 9 September 2009
Indian cellphone company Bharti Airtel denied it had reached an agreement with MTN on a multibillion-dollar share and cash swap.
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/ 9 September 2009
Bharti Airtel and MTN have reached a preliminary agreement for their planned -billion share and cash swap, it was reported on Wednesday.
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/ 1 September 2009
The South African government backs a proposed tie-up between MTN Group and India’s Bharti Airtel.
MTN Group on Thursday reiterated that no decision had been taken with regard to its proposed merger with India’s Bharti Airtel.
Bharti Airtel is not looking to sweeten its offer to buy a stake in MTN, the Indian firm’s head said, even as MTN said it wants a better price.
MTN said on Thursday that it has extended the exclusivity agreement with Indian telecommunications giant Bharti Airtel until September 30 2009.