cellular-news (Free subscription) | 08/20/2008
MTN Group, Africa's largest mobile phone network operator, Wednesday said its earnings rose as much as 14.5% in the first half of the year.
cellular-news (Free subscription) | 08/01/2008
Bharti Airtel has not started talks again with South African telecom major MTN Group, the Indian telecom service provider's chairman said Friday.
cellular-news (Free subscription) | 07/25/2008
[CN+] South African cellphone network operator MTN Group has set aside 7.1 billion rand (US$937 million) for capital expenditure this year, with the bulk of it earmarked for network improvement, a senior officer said on Friday.
Telecompaper (Free subscription) | 07/21/2008
(Telecompaper) African mobile operator MTN Group and India's Reliance Communications have been unable to reach agreement on a proposed merger, and the companies have mutually decided to end their talks. MTN and Reliance Communications started exclusive negotiations on 26 May. The decision to stop talks was due to "certain legal and regulatory issues" around the deal, MTN said in a statement....
Afrigator (Free subscription) | 07/21/2008
Credit - MTN Group MTN is a major international GSM cellular network that operates from South Africa as well as delivering service in other African countries. FIN 24 writes, "Mobile operator MTN Group may target Mexico's America Movil and other operators in India, Bangladesh and Pakistan in its bid to become a global player, analysts said on Monday. On Friday MTN called off talks with...
All Africa (Free subscription) | 07/21/2008
MTN Group, South Africa's dominant telecoms operator and Reliance Communications of India's proposed merger deal that would have created a global mega telecoms network has failed. The New York Times disclosed that both telecoms operators could not agree despite the extension of the 45 days exclusive period set aside for the talks.
Market Watch (Free subscription) | 07/21/2008
Shares of Reliance Communications advance Monday, after the Indian mobile operator say they are unable to conclude a deal with South Africa's MTN Group due to "certain legal and regulatory issues."
Business Times Asiaone (Free subscription) | 07/20/2008
(MUMBAI) Reliance Communications, India's second-largest mobile phone operator, and South Africa's MTN Group have ended discussions to combine their operations following threats from Reliance Industries to block the transaction.
cellular-news (Free subscription) | 07/21/2008
[CN+] Shares in Reliance Communications rose in early trade Monday after ending merger talks with South Africa's MTN Group Friday due to legal and regulatory issues.
Market Watch (Free subscription) | 07/21/2008
HONG KONG (MarketWatch) -- Shares of Reliance Communications gained 2.2% in early Mumbai trading Monday, after the Indian mobile operator said over the weekend that the company and South Africa's MTN Group were unable to conclude a deal due to "certain legal and regulatory issues." The two companies were in exclusive talks since late May for a potential agreement on combining their businesses....
Times of India (Free subscription) | 07/20/2008
Reliance Communications' shares are expected to rise on Monday after it called off tie-up talks with South Africa's MTN Group.
Sify (Free subscription) | 07/20/2008
Reliance Communications' shares are expected to rise on Monday after it called off tie-up talks with South Africa's MTN Group, avoiding a potential head-on legal clash between members of its founding Ambani family.
IndianRaj (Free subscription) | 07/19/2008
I covered about this topic some earlier in this blog. Today, I saw some news items in Internet about this matter. Here are links to some of them: India's RCom, MTN Group call off merger talks owing to 'legal issues' African and Indian Telecoms End Merger Talks NEWSMAKER-Line drops between India's Anil Ambani and MTN
Seattle Post-Intelligencer (Free subscription) | 07/18/2008
Last updated July 18, 2008 11:57 a.m. PTMTN: No deal with RelianceTHE ASSOCIATED PRESSJOHANNESBURG, South Africa -- South Africa's largest mobile phone network operator said Friday it was unable to agree on a deal in talks with an Indian telecom company.MTN Group Ltd. cited unspecified legal and regulatory issues for the failure of its talks with Reliance Communications Ltd., India's second...
http://www.dolbajao.com/rss.php (Free subscription) | 07/20/2008
Livemint - 1 hour agoMumbai: Talks to combine South Africa’s MTN Group Ltd with India’s Reliance Communications Ltd collapsed late Friday, weighed down by plunging valuations of the Anil Ambani company amid a bitter legal feud with his older brother Mukesh Ambani’s ... Financial Times Economic Times
