Wednesday, November 18, 2009

Bharti: Indian firm in search of prey

Bharti Airtel would look at opportunities in emerging markets after a failed merger with MTN, it said yesterday. It was interested in markets "where we can implant our unique business model, which is a growth model and that will be a win-win for us," said chief executive Manoj Kohli. "I think we're done" with MTN. In September, Bharti called off a proposed $23 billion (R170bn) merger with MTN.