Bharti-MTN merger awaits nod from competition authorities

29.07.2009
Bharti-MTN merger awaits nod from competition authorities' (ET)
The proposed $23-billion strategic equity alliance between Bharti Airtel and South Africa’s MTN will require clearance from the competition authorities of both countries, a person with direct knowledge of the deal told ET.

Bharti, MTN likely to agree on tie-up in August: Investor (ET)South Africa's top mobile operator MTN Group is likely to reach an agreement on a tieup with Bharti Airtel by the end of August, Top smart-phones MTN's second-largest investor said. The transaction is complex, involving multiple jurisdictions.

Airtel not affected by global slowdown (Mint)Telecom company Airtel Tuesday said it is not affected by the global slowdown as the sector still has growth prospects and that the recessionary trends are showing signs of ending in many countries.

Huawei opens LTE lab in North America (EFY)
Huawei, a provider of next-generation telecommunications network solutions for operators around the world, has opened a Long Term Evolution (LTE) laboratory located in Richardson, Texas.

Telcos see drop in minutes of usage (DNA)
Rising competition in the telecom sector is likely to have a significant impact on the minutes of usage (MoU) recorded by telecom companies over the coming months and years, according to analysts.

Bharti Airtel: Bond with 'Special 5' (BS)
The thought is to enable our customers strengthen their bond with their family and loved ones and in turn with Airtel. Such nominal rates give them the freedom to talk for as long as they want, even on long distance,” says Bharti Airtel Chief Marketing Officer Raghunath Mandava.

Alcatel-Lucent names Emil Visloguzov as country senior officer (EFY)
Alcatel-Lucent has appointed Emil Visloguzov as country senior officer for Serbia, Bosnia and Herzegovina, and Montenegro and general manager of Alcatel-Lucent Pupin Serbia, a joint venture between Alcatel-Lucent and Pupin Telecom.