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Vol 2 (AAC) No 9

Published 1st July 2009


South Africa

MTN-Bharti merger

Despite shareholder concerns the deal between Africa's and India's biggest mobile companies is set to go ahead this year

The planned US$20 billion merger of Africa's Mobile Telephone Networks (MTN) and India's Bharti Airtel would bring together two continental giants to form the world's third largest mobile phone company. The merger looks set to go ahead despite concerns from shareholders on both sides about pricing and management control of the new company.

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