The last couple of years have been quite speculative for the Indian Telecommunications companies going global. Special references can be made to South Africa’s MTN and Bharti and Reliance trying to merge and create a top 5 global telecom company. The current due diligence and negotiations between Bharti and MTN are their second round in 2 years and still continuing, while Reliance’s tryst with MTN last year ended partially because Reliance’s family matters made it a spectacle in the press, and might have derailed the proposed merger.
India and its regulators and the government should encourage and become conducive to expansion of Indian telecoms into the global networks. Helping with changes with favorable laws and financial processes will bring the expansion plans to reality quickly, and lead to continued growth in telephone density.
Global acquisitions will bring global market understanding into the already robust growth in India’s own intern…