Wednesday, April 28, 2010

Bharti says expects to close Zain deal by mid-May


Source:REUTERS:28 Apr 2010, 1524 hrs IST,

  
NEW DELHI: Bharti Airtel expects to close its $9 billion deal to acquire Kuwaiti telecoms Zain's African assets by mid-May, Manoj Kohli, the Indian firm's chief executive for international unit, told analysts on a conference call.

"The approvals are going on very well," he said.

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