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MTN

Airtel Africa appoints ex-MTN executive as MD for Chad

Telecom major Bharti Airtel on Thursday announced that its African unit has appointed former executive of South Africa-based telecom operator MTN, Anwar Soussa, as the Managing Director for Airtel Chad with effect from May 1.

Nigeria threatens South Africa over `frozen` weapons deal

 Nigeria on Wednesday accused South Africa of blocking a legal arms purchase and threatened retaliation against major South African companies, including telecom giant MTN, if the spat is not resolved.

Nigeria says fines Airtel, others for poor service

Nigeria`s telecoms regulator has fined mobile operators MTN, Airtel and Globacom a combined 647.5 million naira and banned them from selling SIM cards in March due to poor service, it said on Thursday.

MTNL targets 15% revenue from non-voice services this fiscal

Telecom PSU MTNL looks to increase the contribution of non-voice services like Internet and SMSes to total revenue to 15 percent this financial year from 10 percent in the last fiscal.

Nigeria fines Airtel, 3 others $7.3 million for poor services

Nigeria Communications Commission spokesman Reuben Muoka said the call quality of the four companies were poor and they also delivered poor services leading to imposition of the USD 7.3 million fine on them.

BoI to raise money through MTN as Europe situation improves

The state-run lender, which had a MTN programme of raising around USD 5 billion in 2005, has raised USD 1.475 billion till now.

Post-MTN, India, SA working on investment pact

After the two fiascos of a proposed merger between Bharti Airtel and MTN of South Africa, the governments of the two nations are now negotiating a legal framework for enabling cross-border investments.

Talks with MTN over for now: Mittal

Telecom czar Sunil Mittal on Monday said the deal between Bharti and MTN is off the table for the moment, as it was not possible to proceed with the transaction in the absence of "critical approval from South African government".

Mixed feelings on MTN-Bharti deal end

Parting of ways by Indian cellular major Bharti Airtel and South African mobile giant MTN on Tuesday after 18-month long merger talks has elicited mixed feelings among investment advisors here.

Bharti calls off telecom deal with MTN

Bharti Airtel on Wednesday called off USD 23 billion deal for amalgamation with MTN.

MTN thanks India, South African govt for support

Telecom major MTN on Wednesday thanked
the Indian and the South African governments for "co-operation
and supportive approach" for the proposed merger with Bharti
Airtel, which could not take off.

Chronology of failed MTN deals with indian Telecom players

The talks on the USD 23-billion merger
deal between Bharti and MTN called off, on the last day of the third deadline for the exclusive discussions.

Bharti-MTN talks deadline looms; next step uncertain

A deadline for exclusive talks for a USD 24 billion tie-up between telecoms firm Bharti Airtel and South Africa`s MTN Group ends on Wednesday, with little clarity on where the deal is heading.

No proposal with Govt on Bharti-MTN, cos may extend talks

Bharti Airtel and MTN of South Africa are likely to extend the exclusive talks period beyond September 30 in the absence of clarity on the proposed USD 23-billion deal between the two companies.

Bharti-MTN talks could go into overtime: Analysts

Talks between India`s top mobile firm Bharti and South Africa`s flagship cellular group MTN may have to be extended due to new hurdles in their bid to create a telecoms giant, analysts say.

No discrimination against MTN: PM

PM Manmohan Singh has strongly backed Bharti group`s efforts for acquiring stakes in telecom gaint MTN.

Bharti may have to seek FIPB approval: FinMin sources

Finance Ministry on Wednesday said Bharti may have to seek FIPB approval for the deal with MTN as the transaction involves swapping of shares.

Bharti offers last-mile sweeteners for MTN: Report

Bharti Airtel has offered to retain the top management at MTN for at least 3 years and given the option of an all-cash offer to minority MTN shareholders to sew up the planned tie-up between the two firms.

`Legal hitches in India delay MTN-Bharti deal`

The proposed tie-up between South African mobile phone group MTN and Bharti Airtel is being held up by legal problems in India, President Jacob Zuma said on Thursday.

Govt open to dual listing of MTN: Pranab

The government said on Tuesday that it is
open to the dual listing of MTN, which is in an exclusive talks with Bharti for a merged entity of USD 23 billion, on the stock exchanges of India and South Africa .