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Govt assures Bharti support for Zain deal
TT Correspondent |  New Delhi |  18 Feb 2010

The Government said it will provide all help possible to aid Bharti Airtel complete the acquisition of Kuwait-based Zain's telecom operations in Africa.

The Corporate Affairs Minister, Mr Salman Khurshid, said, on Wednesday, “The Bharti management has not approached us yet. If they do, I will be very happy to help them because when they go out, it's not the company alone, but they are our flag-bearers. We will do the utmost of what we can. We will be happy to pitch-in to compete with the best in the world.”

Mr Khurshid said, as yet there have been no policy issues that have come up which would interfere with the acquisition, “Nothing has been brought to our notice yet. Bharti's failed bid for South Africa's MTN obviously had some policy issues. Regarding the Zain acquisition, nothing has come to us yet but if anything comes to us, we will do whatever we can.”

    
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18 Feb 2010(IST)  
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