Domestic telecom giant, Bharti Airtel has called-off discussions with MTN for a 23-billion dollar merger deal, saying the South African government has rejected the proposed structure. This is the second time in just over a year that the Sunil Mittal-led Bharti Airtel has been forced to abandon talks for amalgamation of the two organisations in a complex deal that also required the Indian government's clearance for dual listing.
News On AIR | October 1, 2009 12:10 PM
Bharti Airtel calls-off discussions with MTN Domestic telecom giant, Bharti Airtel has called-off discussions with MTN for a 23-billion dollar merger