Sunday, 14 March 2010




Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning if his multi-billion-dollar bid to gain a foothold in Africa is a step too far. Mittal, chairman of Bharti Airtel, has seen shares of India's biggest mobile firm tumble since he made his 10.7-billion-dollar offer for the loss-making African assets of Kuwait's Zain telecom last month. Mittal, stymied in two previous bids to tie up with South African flagship telecom company MTN, Africa's...
Full Story: Khaleej Times



 

RSS