Financial Times FT.com

Vodafone rules out bidding for MTN in wake of Bharti offer

By Andrew Parker and Philip Stafford in London

Published: May 12 2008 03:00 | Last updated: May 12 2008 03:00

Vodafone yesterday insisted that it had no plans to make a bid for MTN, a leading mobile phone operator in Africa and the Middle East.

The UK group last week reviewed the case for making a bid for MTN after Bharti Airtel, India's largest wireless operator, made an informal offer for a controlling stake in the Johannesburg-listed company.

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