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- Indian brothers' feud over MTN talks escalates: source
- NEW DELHI AFP — Indian billionaire Anil Ambani on Saturday threatened legal action against his brother if he tries to block a big telecom merger deal, a source said, as the battle in India's richest family heated up. The warning came after Anil's older brother Mukesh Ambani, head of...
- Research articles 2008-06-14
- India's billionaire Ambani brothers slug it out in telecom row
- NEW DELHI AFP — India's billionaire Ambani brothers are battling again -- this time over a blockbuster deal being negotiated by the younger sibling Anil to create an emerging-market telecoms behemoth. The long-simmering feud flared anew last week when older brother Mukesh Ambani, head of Reliance Industries Ltd, India's...
- Research articles 2008-06-14
- The waking giant - South Africa's telecommunications network - Industry Trend or Event
- South Africa has brought in overseas investment and embarked on a massive telecoms build-out program to help boost teledensity and secure its position as Africa's hub The need to redress the imbalance of distribution left by the apartheid era, and an effort to maintain its lead as Africa's biggest...
- Research articles 1998-05-04
- Google to bring free text information to Africa
- Google is partnering with technology and microfinance charity the Grameen Foundation to provide an SMS texting service designed to help impoverished Ugandans gain access to online information. Google SMS will allow mobile owners to text free requests for information such as weather forecasts and sexual health advice. ...
- Articles 2009-06-29
Additional Resources
- MTN Group to acquire another 6.98 percent interest in MTN Nigeria
- South Africa's MTN Group will be acquiring from minority shareholders another 6.98 percent stake in MTN Nigeria.The total cost involved was $348.9 million. A cash payment of $287.8 million will be made towards funding the total amount, and the remaining will come from a share issue.The purchase will be materializing...
- Research articles 2006-11-01
- MTN Group to acquire another 6.98 percent interest in MTN Nigeria
- South Africa's MTN Group will be acquiring from minority shareholders another 6.98 percent stake in MTN Nigeria. The total cost involved was $348.9 million. A cash payment of $287.8 million will be made towards funding the total amount, and the remaining will come from a share issue.The purchase will be...
- Research articles 2006-11-01
- Nigerian MTN subscriber spends more time on the phone
- Nigerian MTN subscriber spends on the average, two times more than his counterpart in any other of MTN operations in Africa, indicated MTN group in its fourth quarter report for 2004. This is even as the MTN group reported a subscriber base of 8.9 million. According to Vanguard...
- Research articles 2004-02-09
- Airspan Networks selected by MTN to expand access network in Uganda. (Wireless Networks).
- Airspan Networks announced that MTN will expand its existing voice and data AS4000 wireless DSL access network in Kampala by adding additional sites and will introduce PacketDrive, Airspan's always-on, high-speed Internet product. MTN has been deploy Airspan Networks announced that MTN will expand its existing voice...
- Research articles 2002-10-01
- CHINA MOBILE LIKELY TO BUY MTN
- AsiaInfo Services 10-30-2007 China Mobile Likely to Buy MTN South Africa, Oct 30, 2007 SinoCast via COMTEX -- China Mobile Ltd. (SEHK: 0941) is likely to take over MTN Group Ltd. (JSE: MTN), sub-Saharan Africa's largest mobile phone operator. ...
- Research articles 2007-10-30
- MTN takeover plan to expand its presence Africa
- South Africa's leading carrier, MTN Group, is planning to acquire UAE-based Investcom; the offer price is $5.5 billion. Investcom offers wireless telephone services in Africa and the Middle East. MTN has made cash-only and cash-and-stock option offers. The cash offer is $3.85 for every Investcom share, or $2.08 in cash...
- Research articles 2006-06-01
- RCOM chairman meets M1 CEO Mr. Mikati.(MERGERS AND ACQUISITIONS)(Anil Ambani of Reliance Communications )(Azmi Mikati of MTN Group)(Brief article)
- Anil Ambani, the chairman of Reliance Communications RCOM, which is holding reverse merger talks with South Africa's MTN, has met Azmi Mikati, the CEO of M1, in London. M1, the investment unit of the Mikati family, is the second biggest stakeholder in MTN with a 10.2 ...
- Research articles 2008-06-01
- Reliance Communications enters into exclusive discussions with MTN.(MERGERS AND ACQUISITIONS)(Reliance Communications and MTN Group)(Brief article)
- Indian telecom service provider Reliance Communications RCom, the second biggest mobile operator in the country, has initiated exclusive talks with South African mobile giant MTN to discuss about the potential combination of their businesses. This development assumes significance as RCom's rival Bharti ...
- Research articles 2008-06-01
- RCom and MTN discussing about a reverse acquisition model.(MERGERS AND ACQUISITIONS)(Reliance Communications)(MTN Group)(Brief article)
- According to a report in the Wall Street Journal, Indian telecom operator Reliance Communications Ltd and South Africa-based MTN Group Ltd are holding discussions about a reverse takeover model under which, RCom would launch a buyout bid for MTN with the South African firm acquiring control...
- Research articles 2008-06-01
- South Africa's M-Cell Changes Name To MTN Group Limited
- Johannesburg, South Africa-based M-Cell is changing its name to MTN Group effective today, and will switch its listing on the JSE Securities Exchange to MTN Group with a ticker of MTN, company officials said. The name change was agreed by the M-Cell board and shareholders on Sept. 30 and follows...
- Research articles 2002-10-14
- TeliaSonera: TeliaSonera's Partly-Owned Company Overseas Telecom Sells Its Holding in MTN Uganda
- STOCKHOLM, Sweden -- Overseas Telecom AB, where TeliaSonera (NASDAQ:TLSN) (HEX:TLS1V) (STO:TLSN) owns 65 percent of the capital, has sold its 32 percent holding in the telecommunications operator MTN Uganda to MTN International Mauritius Ltd, wholly owned subsidiary of MTN Group Ltd, South Africa. The value of the transaction is SEK...
- Research articles 2006-07-06
- South Africa's MTN to launch cellphone network in Iran
- JOHANNESBURG AFP — South Africa's MTN, the continent's largest cellphone firm, said it would launch a second network in Iran in August, reaching 31 million subscribers by 2015. "August is when we are expected to launch. We are hopeful that we will meet that date," MTN group chief executive...
- Research articles 2006-03-23
- South African MTN to buy Investcom for 5.5 billion dollars
- JOHANNESBURG AFP — South African mobile giant MTN has said it plans to buy London-listed Investcom for 5.5 billion dollars (4.3 billion euros) in a deal to create the biggest mobile operator in Africa and the Middle East. Investcom is based in Beirut and is also listed in Dubai....
- Research articles 2006-05-02
- India's Bharti says in exploratory' talks with SAfrica's MTN
- NEW DELHI AFP — India's top mobile phone firm Bharti Airtel said Monday it had launched "exploratory" talks with Africa's biggest cellular operator MTN Group, a move which could lead to a possible takeover offer. The announcement followed media reports last month that Bharti, led by billionaire founder-chairman Sunil...
- Research articles 2008-05-05
- India's Bharti says no offer yet for MTN but still talking
- NEW DELHI AFP — India's top mobile phone Bharti Airtel denied on Tuesday a media report that it had made a 19-billion-dollar offer to take control of South Africa's flagship MTN telecom operator. Bharti Airtel, which said Monday it had begun exploratory talks with MTN on a possible takeover,...
- Research articles 2008-05-06
- Bharti says MTN merger talks off
- NEW DELHI AFP — Merger talks between India's biggest mobile phone services firm, Bharti Airtel, and South Africa's flagship MTN Group have been called off, the Indian company said in a statement on Saturday. "Bharti has decided to disengage from the ongoing talks and has conveyed the same to...
- Research articles 2008-05-23
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