Rachna Jain Aruni Nayak Shilpi Chanda

INTRODUTION OF BHARTI AIRTEL

MISSION OF THE COMPANY

We at Airtel always think in fresh and innovative ways about the needs of our customers and how we want them to feel. We deliver what we promise and go out of our way to delight the customer with a little bit more

GROUP OF COMPANIES
BHARTI AIRTEL BHARTI TELETECH TELECOM SEYCHELLES COMVIVA TECHNOLOGIES LTD FIELDFRESH FOODS PVT.LTD BHARTI RETAIL BHARTI AXA GENERAL INSURANCE BHARTI INFRA TEL BHARTI AXA LIFE INSURANCE BHARTI AXA INVESTMENT MANAGERS CENTUM LEARNING LIMITED JERSEY AIRTEL GUERNSEY AIRTEL BHARTI FOUNDATION BHARTI REALTY

STRENGTH OF BHARTI AIRTEL

Largest Telecom Player in India - ~80Mn, 22.6% Market Leader Strong Leadership Sunil Bharti Mittal Recognized Globally Pan India Presence Strong Financials Focus on Core Activities Outsource the rest Strong Brand Image Marketing Team Strong New Business Development team

Introduction of MTN
Founded in 1994, MTN operates in 21 countries. The bulk of its subscribers are in South Africa, Nigeria, Iran, Ghana, Syria, Cameroon, and Uganda. tries in Africa and the Middle East. It is Africa's largest mobile phone operator by subscribers. MTN, controlled by the Lebanon-based Mikati family and a trust representing senior management and employees.

MTN BlackBerry MTN International Roaming MTN Banking MTN EVD MTN Mobile TV MTN Me2U MTN CallerTunez MTN Zone

Strength of MTN
Largest Telecom Player in South Africa Strong Financials Focus on Core Activities Outsource the rest Strong Brand Image Marketing Team Strong New Business Development team Financial performance and continued investments Client relationship management Focus on R&D and innovation to create new services

DEAL BETWEEN

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BHARTI - MTN DEAL

SUNIL BHARTI MITTAL CEO & M.D
BHARTI AIRTEL, ASIAS LEADING INTEGRATED TELECOM SERVICES PROVIDER HAS 100 MILLION CUSTOMERS IN INDIA AND SRI LANKA VALUED AT $34 BILLION.

PHUTHUMA NHLEKO CEO

MTN, PRESENT IN AFRICAS KEY MARKETS, SUCH AS NIGERIA, CAMEROON, GHANA, ZAMBIA AND UGANDA ALSO HAS ABOUT 100 MILLION SUBSCRIBERS VALUED AT $ 27 BILLION.

ABOUT THE DEAL

THE PROPOSED $23-BILLION MEGA DEAL BETWEEN BHARTI AIRTEL AND SOUTH AFRICAS MTN WOULD BE WORLDS BIGGEST DEAL. INDIAS BIGGEST CROASS BORDER DEAL ALMOST TWICE THE SIZE OF TATA STEELS $13 BILLION BUY OF CORUS IN 2006. MTN TO TAKE 25 % STAKE IN BHARTI FOR $2.9 BILLION PLUS NEW SHARES EQUAL TO ABOUT 25 % OF THE CURRENT SHARES ON ISSUE. MTN SHAREHOLDERS TO TAKE ANOTHER 11 % OF BHARTI. BHARTI TO BUY ABOUT 36 % OF MTN SHARES AT $10.44 EACH, PLUS HALF THE NEWLY ISSUED BHARTI GLOBAL DEPOSITARY RECEIPTS FOR EACH MTN SHARE. THAT AND THE SHARES MTN ISSUES FOR ITS STAKE IN BHARTI WOULD TAKE THE INDIAN FIRMS HOLDING TO 49 % OF MTNS ENLARGED CAPITAL. BHARTI WOULD BE ABLE TO FULLY CONSOLIDATE MTN S ACCOUNTS, AND MTN GETS REPRESENTATION ON THE BHARTI BOARD.

Benefits of the deal

Both Firms Exposure To New Markets Ripe For Growth Full Cost Savings Allow for Technology Sharing Provide The Financial Muscle For More Expansion Bigger Market Exposure Access To Innovative Products Better Buying Power,