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Vol 2 (AAC) No 11

Published 1st September 2009

Telecoms domination in three fell swoops

Financial and communication technology are powering major Indian deals

Untitled Document Indian companies are behind three now somewhat troubled bids to take over the choicest assets in the African telecoms business: Bharti's US$23 billion merger with MTN, Essar's takeover of Warid Telecom's African holdings and Vavasi Group's bid for 46% of Zain. Political and economic concerns threaten the Zain and MTN agreements, but the Warid plan looks set to go ahead.

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