Government denies Bharti deal support - TechCentral

Government denies Bharti deal support

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The SA government hasn’t taken a stance on the proposed MTN-Bharti deal, the communications department said on Wednesday. “We wish to put it on record that the department and/or the government have not taken a stance on the issue as discussions between the parties are ongoing,” it said in a statement.

“It is therefore incorrect that government has offered its support for the proposed tie-up at this stage, as reported in the media.”

MTN and Bharti are engaged in negotiations on a US$23bn deal that could create the world’s third-biggest cellphone company by subscribers. The talks started in May and  have twice been extended by a month to the end of September.  — Sapa

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