India’s Bharti Airtel, India’s leading integrated telecom company will likely resume talks to merger with MTN, South African telecommunications giant, according to the Business Standard.
The challenge that the India investment deal faces surrounds India foreign direct investment regulations that restrict a full scale merger.
While India foreign direct investment law allows 51 per cent but since foreign direct investment in Bharti already reached 65 percent the chance the deal will go through is slim.
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