Breakingviews

Bharti Airtel offers $10.7 billion to pursue dream

February 15, 2010

Bharti Airtel may be about to realize its dream of becoming an emerging market telecom giant. India's largest cellphone operator has made a $10.7 billion non-binding offer to buy most of Kuwaiti rival Zain's African assets. The deal would add 40 percent to Bharti's current enterprise value.

The limits of emerging market deal-making

September 30, 2009

So much for emerging-market solidarity. A proposed $24 billion deal between Bharti of India and MTN of South Africa has fallen apart, not for the usual issues of price or control, but national ego.