Sunday, July 20, 2008

The MTN saga

It's been a while since i have been around. In the meanwhile, there has been a lot of action over South African telecom operator MTN. First it was Bharti, who then decided against it. The we had Anil Ambani-led Reliance Communications trying to woo MTN. After almost two months, when it seemed to be happening, elder brother Mukesh Ambani threw in a googly.

But what i simply cannot fathom is why is MTN such a hot property? It is ironical that both Bharti and Reliance would have ended up being subsidiaries of MTN. Agreed it is present in 21 countries. But that also includes places like Sudan and Afghanistan.

But be prepared for more news on Indian operators looking to expand their footprint globally.

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