Airtel poised to enter Africa
India's largest telecom company Bharti Airtel and South Africa-based telecom giant MTN on Monday started talks for a future merger.
If successful, the talks will result in a $20 billion (Rs 95,000 crore) mega corp with over 200 million subscribers.
The merged entity will have a footprint in 23 countries — MTN’s 21 in Africa and West Asia and Airtel’s two (India and Sri Lanka).Africa is the world’s next great telecom market.
In terms of subscribers, the new entity will be the world’s fourth largest, after China Mobile, Vodafone and Telefonica.
To read the full article, click here..
To read the ePaper, visit: http://epaper.hindustantimes.com
If successful, the talks will result in a $20 billion (Rs 95,000 crore) mega corp with over 200 million subscribers.
The merged entity will have a footprint in 23 countries — MTN’s 21 in Africa and West Asia and Airtel’s two (India and Sri Lanka).Africa is the world’s next great telecom market.
In terms of subscribers, the new entity will be the world’s fourth largest, after China Mobile, Vodafone and Telefonica.
To read the full article, click here..
To read the ePaper, visit: http://epaper.hindustantimes.com
Labels: airtel, bharti airtel, china mobile, largest telecom company, mtn, south africa, telacom gaint mtn, telecom market, telefonica, Vodafone
posted by PressMart Team at
9:55 AM
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