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Moneycontrol.com >> Message Board >> View Messages >> Reliance Comm
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MTN extends exclusive talks with RCOM (1)   09-Jul-08 11:57Tracked by (0)  
Posted by:   latikav on ( 09-Jul-08 11:57 )
Price : BSE: Rs 434.45 ( 4.59 % ), NSE: Rs. 432.50 ( 4.17 % )
JOHANNESBURG: South African mobile phone operator MTN Group said on Wednesday it had agreed to extend its exclusive talks with Reliance Communications until July 21, 2008.

MTN and Reliance Communications started talks on May 26 that could create a $66 billion emerging markets telecoms group with operations in about two dozen countries and around 120 million subscribers.

When the talks began, MTN had a market capitalisation of $38 billion and Reliance Communications was worth $28 billion, but a sharp slide in markets has eroded valuations.
ET

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Rcom means gruarh story of India - 425??? Wow, I am waiting. Let me know when it hit...
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News Updates on Reliance Comm

NSE Announcements on Reliance Comm - Reliance Communications Limited has informed the E...
NSE Announcements on Reliance Comm - Reliance Communications Limited has informed the E...
NSE Announcements on Reliance Comm - Reliance Communications Limited has informed the E...

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