MTN may hold board meeting tomorrow to discuss RCOM deal
South African telecom giant MTN, which on Wednesday extended agreement for exclusive talks with India's Anil Ambani Group firm RCOM till July 21, is likely to convene a board meeting on Thursday to discuss the potential amalgamation of the two com...
By PTI |
JOHANNESBURG: South African telecom giant MTN, which on Wednesday extended agreement for exclusive talks with India's Anil Ambani Group firm RCOM till July 21, is likely to convene a board meeting on Thursday to discuss the potential amalgamation of the two companies.
Sources close to the development indicated that MTN could hold a board meeting to discuss the status of talks.
The talks between the two firms for a possible amalgamation has come into controversy following the legal issues raised by Mukesh Ambani-led Reliance Industries.
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