Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

Indian and S. Africa Cellphone Giants Plan Merger

May. 25, 2009
A combined Bharti Airtel and MTN Group would have $20 billion in annual revenue and 200 million subscribers.
Related Stories from UPI.com

UPI NewsTrack Business

Major carriers boost air ticket prices ... Report: Cable TV prices up 77 percent ... Bharti Airtel says merger talks are off ... More than 100 accept Post buyouts ... News from United Press International.

Bharti Airtel says merger talks are off

MUMBAI, May 24 (UPI) -- Indian telecommunications company Bharti Airtel said its merger with MTN Group of South Africa has run into an unexpected roadblock and the talks are off.

MTN Group buying Investcom for $4.26B

JOHNANNESBURG, South Africa, May 2 (UPI) -- South Africa's MTN Group is buying Investcom for $4.26 billion to create a giant mobile operator in Africa and the Middle East.

MTN group may seek Egypt mobile license

CAIRO, Dec. 22 (UPI) -- A consortium led by South Africa's MTN Group may seek a license to begin mobile-phone operations in Egypt.
1 of 25
President Obama awards the Presidential Medal of Freedom in Washington
View Caption
President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch