Jump to navigation

Vol 1 (AAC) No 8

Published 1st June 2008

South Africa

Family feud

Telecoms companies are dreaming in Africa

South Africa's mobile telephone giant MTN risks losing its second Indian suitor as a schism in India's richest family could prevent the deal's signing. A merger between the US$38 bn. MTN and $28 bn. Reliance Communications, India's second largest mobile operator, would spawn the world's fourth largest mobile telephone group after China Mobile, Vodafone and China Unicom. If successfully concluded, it would have over 116 million subscribers in India, Africa and the Middle East.

End of preview - This article contains approximately 477 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.