Browsing: Reliance Communications

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

As scandals go, it is a corker. It involves secret recordings of lobbyists talking to tycoons about ministers, fraudulent documents, unrelated firms that share the same e-mail address, clueless foreigners piling into a vast market, bank drafts with dates that make no sense, PR flacks taped schmoozing

MTN is not in discussions to acquire a stake in India’s Loop Telecom, the JSE-listed telecommunications group said on Monday. This followed a report in India’s Business Standard newspaper that the two telecoms providers were in talks. The newspaper did not name its sources, merely citing people close to the developments

MTN has formally ended talks with Weather Investments, the parent of Egypt’s Orascom Telecom, dealing another blow to the SA-based cellphone group CEO Phuthuma Nhleko. The termination of the talks with Orascom’s parent brings to the three the number of high profile but failed potential deals that Nhleko has tried unsuccessfully to pull off in the past tw