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With the Reliance Communications – MTN deal struggling to take shape, Tata Comm. (formerly VSNL) is all set to get a majority stake in another South African telecom service provider Neotel.
 

Neotel (Pty) Ltd., previously SNO Telecommunications, is the much anticipated second national operator (SNO) for fixed line telecommunication services in South Africa.
 
Tata Communications has [...]

In a dramatic twist in the tale of Reliance Communications-MTN merger story [will give even the Saas-Bahu soap operas a run for their monies], Reliance Industries wrote to the MTN board pointing out that it has the right of first refusal over a sale of controlling stake in Reliance Communications.

We briefly wrote about the Bharti – MTN Deal and were off the opinion that it would not go through primarily because Bharti would be Marrying Up. MTN has higher revenues, a wider reach, it too, is in markets that are likely to grow (admittedly not as fast as the Indian Market).
 
The 2 firms had discussed merger [...]

Bharti Airtel yesterday said that it is holding discussions with South African telecom company MTN Group that are aimed at “combining the strengths of the two leading emerging markets players and, accordingly, is veering towards possible structures to achieve this objective”, Business Standard reports.
 
The company also made it clear in a statement today that this may [...]

Bharti has joined a global consortium to build a $700-million undersea cable system (it’s sixth) that will cut through 13 countries and link India to Britain as reported by AP.
 
The cable will carry commercial traffic by the second quarter of 2010.
 
Mr David Nishball, President, Enterprise Services, Bharti Airtel Ltd, was quoted as saying “There is [...]