Jul 15, 2008

MTN may go back to Bharti: Media reports

South African telecom giant MTN could look at a "less controversial" deal with Bharti Airtel instead of the Anil Ambani-led Reliance Communications because of his feud with elder brother Mukesh, media reports in South Africa suggested.

Such speculations are surfacing in the South African and London media even after MTN and RCom extended their exclusivity agreement for negotiations from July 8 till July 21. "The original, less controversial merger with Bharti Airtel could be back on the cards," a report in South African daily The Times said, adding that MTN wanted a "clean deal".

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