India’s largest mobile operator, Bharti Airtel, has opted for a full fledged take over of South African telecom giant MTV. If this happens than it would make Bharti the world’s sixth largest mobile operator, boasting over 130 million subscribers.
The market is filled with rumours for the dates when this will happened. Some say it will be on May 17, the World Telecom Day, while others offered May 23 as an acquisition date which is the birthday of Bharti boss Sunil Mittal. Mittle’s driving licence and mobile phone numbers have “23” figures so the take over could happen on 23 also. Whatever are the dates but when ever it happens, it will create a history in Indian telecommunications. The MTV is asking for $50 billion while Bharti is reportedly willing to go upto $45 billion.
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