Lex: Bharti and MTN

If MTN is devoted to shareholder value it should only accept a bid for all of its shares and no doubt several global operators would be happy to oblige

Bharti in $19bn bid for half of MTN

India’s leading mobile operator has tabled an indicative bid for 51 per cent of the equity of South Africa telecoms group at about R165 a share

• MTN hits high on Bharti talks
• Lex: Bharti and MTN

Bharti poised for MTN signal

Bharti Airtel, India’s leading mobile operator, said it could “move pretty quickly” if the board of MTN, the South Africa-based telecoms group, puts itself up for sale

Rusal eyes Africa move

United Company Rusal, the Russian aluminium giant, plans to expand into new parts of Africa after it revives a smelter in Nigeria, its first on the continent

India’s Bharti considers S Africa’s MTN

Bharti Airtel is considering a bid for MTN, a move that could bring the Indian company’s biggest overseas acquisition and turn it into one of the most powerful mobile phone operators in emerging markets

Orascom to offer mobile banking

Orascom Telecom, a leading mobile phone operator in emerging markets, plans to launch a new company offering banking services to its 70m customers

Arbitration to decide Hyundai Oilbank spat

A dispute between International Petroleum Investment and Hyundai Heavy Industries over control of Hyundai Oilbank is set to go to arbitration after the two groups both claimed the right to buy the other’s stake in the Korean refiner

Gulf states tighten ties with China

Delegations from Abu Dhabi and Qatar are expected to visit Beijing as Middle Eastern funds continue to scour the globe for investment opportunities for their oil revenues