Bharti & MTN further extend talks until 30 September

www.WirelessFederation.com/news: The negotiations between the Indian biggie Bharti Airtel and South African giant MTN are likely to continue further as both operators extend the deadline to 30 September. Despite the fresh delay, Sunil Mittal, the Bharti Group’s chairman and managing director, has said that he remains positive that a deal can be reached, while also refuting claims that Bharti was under pressure to sweeten the deal. Commenting on the development Mittal noted: ‘We are not really looking at sweetening the deal… There are no contentious issues over the deal structure. During discussions, there will be adjustments to what was announced earlier, but that is not the area of focus. We are looking at administrative issues, the process of seeking permissions and working towards a scheme of arrangement acceptable to all.”