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MTN deal may affect Bharti’s ROC: India Infoline

Posted on: May 25th 2009 in Stock News.

Bharti Airtel has confirmed that it may acquire 49% stake in South Africa-based telecom major MTN. Commenting on the deal, Bhavesh Gandhi of India Infoline said, “I think the deal looks positive for Bharti especially since after maybe 500-600 million subscribers, all the major top thre…

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