Bharti’s overseas acquisition plans still on hold
December 3rd, 2009 - 7:03 pm ICT by IANS ( Leave a comment )New Delhi, Dec 3 (IANS) Telecom major Bharti Airtel’s overseas acquisition plans are still on hold, a top company official said here Thursday.
“There is no change in acquisition plans (as of now),” Bharti Airtel chief executive Manoj Kohli told reporters here on the sidelines of a telecom summit.
The company was in merger talks with South African telecom major MTN, but the $23-billion deal did not materialise due to regulatory hurdles.
Kohli also said there was not much change in the number of subscribers in November.
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- Bharti Airtel to acquire Telecom Seychelles for $62 million - Aug 11, 2010
- Bharti is world's 5th largest telecom firm after Africa deal (Roundup) - Jun 08, 2010
- India's Bharti makes grand entry into Africa's telecom market - Mar 31, 2010
- Kuwait's Zain accepts Bharti's offer for African assets - Mar 24, 2010
- Government will help Bharti clinch Zain deal: Khurshid - Feb 17, 2010
- Centum to provide learning solutions to Airtel in Africa - Dec 07, 2010
- Kuwait's Zain approves Bharti's bid to connect with Africa (Lead) - Mar 25, 2010
- Bharti starts fund-raiser to buy Zain's African assets - May 27, 2010
- Bharti starts 40-day talks to acquire Kuwait's Zain - Feb 15, 2010
- Bharti Airtel signs network expansion deal with Huawei - Jun 01, 2011
- 100 million African subscribers in next two years: Airtel - Nov 16, 2010
- Zain confirms nod to Bharti's offer for African telecom assets - Mar 25, 2010
Tags: african telecom, bharti airtel, chief executive, merger talks, mtn, New Delhi, overseas acquisition, regulatory hurdles, sidelines, subscribers, telecom summit
