Browsing: Bharti

MTN may be in talks to buy a stake in giant Indian telecommunications operator Tata Teleservices and its associated business Tata Teleservices (Maharashtra). The Hindustan Times quotes unnamed sources with knowledge of the discussions as confirming talks are underway. “It is too early to comment on the level of discussions

MTN president and CEO Phuthuma Nhleko has described suggestions that India’s Bharti Airtel poses a big threat to the JSE-listed telecommunications group’s interests in Africa as “exaggeration and oversimplification”. Analysts this week raised concerns that Bharti, which recently acquired Zain’s African assets, could start a price war with MTN in several key markets, including Nigeria.

Telecommunications group MTN faces tougher times in the 20 territories in which it operates outside SA as regulators across Africa and the Middle East begin to flex their muscles. Outgoing group president and CEO Phuthuma Nhleko says operators across the region are facing tougher regulations.