Advertisement
Thursday, Dec 02, 2021
Outlook.com
telecom: Bharti-mtn deal

Airwave Sandwich

Bharti Telecom and Africa's MTN can unite to be a global behemoth

Airwave Sandwich
Airwave Sandwich
outlookindia.com
-0001-11-30T00:00:00+05:53

For the moment, though, there is large-scale speculation over Mittal's modus operandi. Predictably, neither Bharti nor MTN has come out with a clear statement on how the deal—if at all—will proceed. While no timeline has been etched out, don't expect things to get over in a hurry. Analysts are enthused about the deal because of the sheer size and status of the two companies involved—but there are also fears that the acquisition or merger could put serious financial burden on Bharti Airtel.

MTN is attractive for a number of reasons. The African giant, more than double Bharti's size in revenues, could bring in a ready market of 21 countries into Bharti's kitty. Together, the entity would have a subscriber base of over 130 million subscribers as well as unprecedented financial muscle. Romal Shetty, head, telecom practice, kpmg India, says: "Some of the countries where MTN operates have phenomenal ARPU (average revenue per user) and they have just touched the tip of the market. There is a great market in countries like Rwanda and Cameroon."

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Kashmir Statehood: Omar Abdullah Goes All Guns Blazing In Jammu Road Shows

Kashmir Statehood: Omar Abdullah Goes All Guns Blazing In Jammu Road Shows

National Conference leader Omar Abdullah hit the road and held multiple rallies in Jammu in a first since the abrogation of Article 370 despite no elections in sight in J&K.

Beasts Of Burden: Why Maharashtra Farmers Are Abandoning Their Cattle

Beasts Of Burden: Why Maharashtra Farmers Are Abandoning Their Cattle

With farmers in Maharashtra reeling under crop failures and mounting debts, rearing milch cattle has not remained a profitable option.

Mumbai Test: Kohli Returns But India Face Selection Conundrum

Mumbai Test: Kohli Returns But India Face Selection Conundrum

With Virat Kohli making a return and rain forecast in Mumbai, India will be forced to make changes. Here's a look at India's likely XI.

Maharashtra Farmers Look For 'Love' Amid Continued Woes And Degrading Social Status

Maharashtra Farmers Look For 'Love' Amid Continued Woes And Degrading Social Status

Maharashtra’s social fabric is undergoing a tough change. While the sons of farmers are finding it an uphill task to get brides, their sisters do not want farmers as husbands.

Advertisement