It's up to MTN to decide on resuming talks : Bharti - Hindustan Times
close_game
close_game

It's up to MTN to decide on resuming talks : Bharti

PTI | By, New Delhi
Jul 24, 2008 12:56 PM IST

Bharti Airtel has said it is now up to MTN to decide whether there is any possibility of resuming talks with the company for a possible alliance.

Leading cellular operator Bharti Airtel on Thursday said it is now up to the South African telecom entity MTN to decide whether there is any possibility of resuming talks with the company for a possible alliance.

HT Image
HT Image

"There were always synergies between both the companies to have an alliance. That is why we went up to a certain stage of our discussion with them," Bharti Airtel CFO Akhil Gupta said.

HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

Whether talks can be resumed with them after the breakdown of negotiations with Anil Ambani-led Reliance Communications, he said, "Nothing has happened as yet. It is speculation at this stage to say if anything can move ahead from here between Bharti Airtel and MTN. Let's wait..."

Asked if there has been any feelers to each other on a possible restarting of talks, he said, "It is for MTN to decide. What future will hold is hypothetical."

Gupta, however, clarified that the company's stand on the structure of the alliance has not changed.

Discover the complete story of India's general elections on our exclusive Elections Product! Access all the content absolutely free on the HT App. Download now!
Stay informed on Business News, TCS Q4 Results Live along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, April 19, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On