MTN intends to finalise merger talks as soon as possible

www.WirelessFederation.com/news: MTN, the South African mobile operator intends to finalise the merger talks with Indian giant Bharti Airtel as soon as possible, a media report suggests. MTN Chief Executive Officer Phutuma Nhleko reportedly said that they wanted to finalise the talks with Bharti Airtel as quickly as possible in order to remove shareholder uncertainty.
According to Nhleko, the aim of the two operators is to benefit from “economies of scale” that might come from the merger. MTN, the South African mobile operator intends to finalise the merger talks with Indian giant Bharti Airtel as soon as possible, a media report suggests. MTN Chief Executive Officer Phutuma Nhleko reportedly said that they wanted to finalise the talks with Bharti Airtel as quickly as possible in order to remove shareholder uncertainty.
According to Nhleko, the aim of the two operators is to benefit from “economies of scale” that might come from the merger.