Sign up for our free daily newsletter


Get the latest news and some fun stuff
in your inbox every day

MTN said that despite the noise, you should drop (call) the rumour that they are talking again to India's Reliance communication

MTN said that despite the noise, you should drop (call) the rumour that they are talking again to India's Reliance communication. Oh well, some rumours last weeks, this one just a few days. We were looking in the office yesterday and could not believe the massive draw down on the Reliance share price, part due to them acquiring a 3G licence and having to pay top dollar, plus increasing regulatory hurdles in India. As this Indian online source puts it: MTN-RCom deal to rejig telecom sector, perhaps at a later stage.


Other recommended stocks     Other stories about MTN