Bharti Airtel acquires Z
Image Mumbai 脗路 Jun 8 2010 12:00AM
Sunil Bharti Mittal, Chairman and Managing Director of Bharti Airtel addressing media during a press conference in New Delhi on Tuesday, 08 June 2010.In the largest ever telecom takeover by an Indian firm, Bharti Airtel on Jun 8 completed a deal to buy Kuwait-based Zain Telecom"s African business for USD 10.7 billion. The transaction is the largest ever cross-border deal in an emerging market and will result in combined revenues of about USD 13 billion.