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MTN-Bharti deal on hold
NEWSWATCH: Bharti and MTN have decided to disengage as they need SA government approval for their planned deal, and that approval is not forthcoming, reports Mail & Guardian Online, and Debora Patta resigned yesterday as editor-in-chief of eNews, but will still be grilling her guests on 3rd Degree, reports Business Day.
For more:
- Mail & Guardian Online: Bharti, MTN call off tie-up talks… India's Bharti Airtel announced yesterday that it and MTN have decided to “disengage from their discussions when the exclusivity period ends on September 30 2009". The company says the SA government has said that it cannot accept the proposed deal in its present form and since SA government approval is necessary for the tie-up deal, discussions cannot continue.
- Business Day: Patta quits eNews hot seat but will still anchor 3rd Degree… Whether you love her or hate her, she'll still be giving those in the spotlight the 3rd Degree.
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