Reliance Communications
latest news & developmentsMTN shares down after talks end
Shares in South African cellphone group MTN fell as much as 6,3% after it said it had ended exclusive talks with India’s Reliance Communications.
MTN ends talks with Reliance Communications
MTN Group said on Friday it was unable to reach a deal with India’s Reliance Communications and the companies mutually decided to end talks.
World’s richest brothers clash over merger with MTN
The feud between India’s billionaire Ambani brothers has flared up after arbitration proceedings were started against Reliance Communications.
MTN, Reliance extend exclusive talks
MTN Group and India’s Reliance Communications have extended exclusive talks on a potential combination to create a top-10 global telecom group.
Reliance, MTN talks may be extended
Talks between India’s Reliance Communications and MTN, which are due to end on Tuesday, may be extended, it was reported on Tuesday.
MTN deal could be scuppered by Ambani feud
Reliance Communications has only days to reach an agreement for a tie-up with MTN, but a face-off between the Ambani brothers could scupper a deal.
Ambani feud puts pressure on MTN deal
A fresh row between India’s warring billionaire Ambani brothers could delay, but not kill, a tie-up of Reliance Communications and South Africa’s MTN.
MTN to pursue Reliance talks
MTN said on Saturday it was still pursuing tie-up talks with Reliance Communications after a dispute erupted over who has the first right to buy the Indian cellular operator.
Reliance, MTN agree ‘broad contours’ of deal
India’s Reliance Communications and MTN have agreed "broad contours" of a deal to create a global telecoms powerhouse but are still working out share swap details.
Reliance, MTN in share-swap talks
India’s Reliance Communications and MTN are negotiating the ratio for a share swap, the Economic Times said on Monday, aimed at creating a global top-10 telecoms firm.
Reliance Comm, MTN doing due diligence
India’s Reliance Communications and South Africa’s MTN have begun due diligence as they inch closer to creating a global top-10 telecoms firm, a source close to the development…
Reliance, MTN eye stock swap
South African cellular giant MTN could pick up to a 74% stake in India’s Reliance Communications in a share-swap deal being discussed between the companies, an official said on…
JSE weaker as miners take pounding
South African stocks remained lower at noon on Friday as the mining sector continued to take a pounding on weaker commodity prices. At 12.02pm, the all-share index was down…
Reliance may pay premium for MTN control
India’s Reliance Communications is prepared to pay a significant premium for control of South African mobile phone group MTN, the FT Alphaville website said on Thursday. MTN and…
JSE weaker on poor GDP data
South African stocks were lower at midday on Tuesday, pressured by below-forecast gross domestic product (GDP) data, which showed that the quarterly economic growth rate slowed…