Bharti-MTN Deal Failed
Bharti-MTN USD 23 bn deal is called off because of the political approach of South African government. The MTN deal has been called off despite full support from the Indian government. Indian Inc is felt let down by the failure of the $23-billion proposed merger. The merger between Bharti and MTN would have provided a “golden opportunity” for India Inc to spread its wings in the global business space. It was a golden opportunity for India to globalise its wings”.