by Paul Joseph
March 14, 2010
In Africa, Bharti Airtel Ltd. appears determined to wade into a market loaded with poverty, promise and major legal tussles—just like home in India. Bharti, headed by Indian billionaire Sunil Bharti Mittal, has seized on a potential $9 billion deal with Kuwait’s Zain, or Mobile Telecommunications Co., that, if completed, would catapult the company into the ranks of major telecom operators in Africa. Combined with operations in India, Bharti would have significant footholds in two continental markets. The deal would include the assumption of $1.7 billion in debt. Source
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by Paul Joseph
March 14, 2010
The most important benchmark of looking at the telephone and digital world is reach, feels Jhunjhunwala, Department of Electrical Engineering, IIT Madras and founder, Tenet Telecom. Speaking at a plenary session about wireless India at the EmTech 2010 conference here today, he said that today telephony has reached to about 90 per cent of the population. The next step is taking on the remaining 10 per cent. Source
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