MTN to decide on resumption of talks
Bharti Airtel on Thursday said it was up to MTN to decide if it wanted to resume talks for a possible merger, even as the company refused to comment if it would redial the South African telco.
By ET Bureau |
NEW DELHI: Bharti Airtel on Thursday said it was up to MTN to decide if it wanted to resume talks for a possible merger, even as the company refused to comment if it would redial the South African telco. ���I cannot say if we will get into talks again.
At this point, everything is speculative. I would, therefore, like to stick to our company policy of no comments on speculations,��� Bharti Airtel joint MD Akhil Gupta told ET. ���Nothing has happened yet. It is speculative to say what will happen in future.���
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Last week Reliance Communications and MTN had called off merger talks over legal and regulatory issues. MTN and Reliance had started talks after Bharti had called off talks with the South African telco citing differences over ownership and management.
ET had first reported on July 15 that MTN is learnt to have sent feelers to Bharti for reviving talks, if it fails to clinch a deal with Reliance Communications.
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