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Bharti may raise offer to control MTN
Singapore: India's Bharti Airtel Ltd is considering raising its offer to around 175 South African rand ($22.63) a share for control of mobile operator MTN Group Ltd, the Asian Wall Street Journal said on Monday. "There is no official bid yet, and MTN management insists that it be a minimum 200 South African rand per share," a person familiar with the situation was quoted as saying. The official

SingTel may join Bharti Airtel in MTN bid: Analysts

Singapore's telecom giant SingTel, which holds over 30 per cent stake in Bharti Airtel, may join the Indian mobile operator as a co-buyer in the bid to acquire South Africa's MTN, analysts said.

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Indian telecom majors looking to establish global footprint
Saturated urban markets, declining average revenue per user, tighter acquisition laws and the desire to achieve global scales is driving Indian telecom operators to foray into other emerging countri

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Bharti Airtel shares fall on worries over funding MTN buy
Shares in Bharti Airtel fell almost 5 per cent on Tuesday amid concern about how India's top mobile operator may fund a potential multi-billion dollar takeover of South Africa's MTN Group.

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Reliance Communications Q4 net up 47%, beats forcasts
Reliance Communications, India's No 2 mobile operator, beat forecasts with a 47 per cent jump in quarterly net profit as it added more users in the world's fastest-growing wireless market, sending its

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Bharti to spend $3.4 b on capex in 2008/09
Bharti Airtel Ltd, India's top mobile operator, will spend $3.4 billion in capex in fiscal year 2008/09, Chief Financial Officer Sarvjit Dhillon told reporters.

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