Telecoms companies are dreaming in Africa
South Africa's mobile telephone giant MTN risks losing its
second Indian suitor as a schism in India's richest family could
prevent the deal's signing. A merger between the US$38 bn. MTN
and $28 bn. Reliance Communications, India's second largest mobile
operator, would spawn the world's fourth largest mobile telephone
group after China Mobile, Vodafone and China Unicom. If
successfully concluded, it would have over 116 million subscribers
in India, Africa and the Middle East....
(This article contains approximately 477 words)