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Bharti

Mobile and Telecoms

Zain accepts Bharti Airtel’s $10,7 billion offer

Staff Writer -
After failing in its merging plans with South Africa’s MTN, India’s largest mobile operator, Barthi Airtel, might just walk away with a signed $10.7 billion deal for the African assets of Kuwaiti telecom group Zain, who agreed to proceed...
Top Stories

Top 10 ICT stories that shaped 2009

Staff Writer -
What were the highlights of the past year in the African ICT industry? Read on as we have selected the most important events that defined the industry, from the impact of digital media on the South African elections to...
Top Stories

MTN-Bharti talks collapse, SA govt cited as stumbling block

Staff Writer -
MTN-Bharti deal has collapsed with the Indian firm citing South African government as the stumbling block to the exclusive merger discussions. This is the second time the talks have deadlocked. Media reports from India fingered the South African government's disapproval...
Top Stories

It’s D-day for Bharti & MTN

Staff Writer -
The MTN -Bharti talks are in now in the final round with media reports saying the Indian government is waiting for their South African counterparts to bring a new offer that comply with Indian laws. Today is the deadline set...
Mobile and Telecoms

Bharti sweetens MTN offer

Staff Writer -
In an attempt to seal the MTN deal Bharti Airtel is offering to retain the top management of MTN for at least three years, giving the option of an all-cash offer to minority holders of MTN, and more shares...
Mobile and Telecoms

MTN on Zuma’s G20 summit agenda

Staff Writer -
South African President Jacob Zuma is expected to push for a quick resolution to the MTN Bharti deal during his meeting with his Indian counterpart Indian Prime Minister Manmohan Singh at the G20 summit in US this week. The Economic...
Mobile and Telecoms

No stance on Bharti-MTN deal: South African govt.

Staff Writer -
The South African Department of Communications released a statement today saying it has not taken any stance on the proposed Bharti-MTN merger deal as talks between the companies are still going on. "We wish to put it on record that...
Mobile and Telecoms

Mittal still hopeful of MTN deal

Staff Writer -
Sunil Bharti Mittal on Tuesday steered clear of committing to wrapping up exclusive merger negotiations with South Africa’s MTN before the revised deadline atthe end of this month. “These things are always up till the last minute. There is...
Mobile and Telecoms

MTN, Bharti deal in jeopardy?

Staff Writer -
Johannesburg ( IT News Africa) MTN’s merger with Bharti Airtel maybe in jeopardy after a group of Indian investors has approached the country’s regulator, Securities and Exchange Board of India (SEBI), to investigate the deal, Times of India said...
Mobile and Telecoms

MTN, Bharti resume merger talks

Staff Writer -
Indian mobile network operator, Bharti Airtel Limited, has announced that it has “renewed its effort” to negotiate a possible merger with South African incumbent MTN Group Limited. Under the terms of the proposed deal, Bharti would acquire a 49% shareholding...
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Latest News

FinTechStaff Writer -

PayPal and TerraPay Unite to Expand Cross-Border Payments Across MEA

PayPal has announced a strategic partnership with TerraPay, a leading global money movement platform, to enable real-time fund transfers...
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