May 14, 2008
Responding to recent rumors in the marketplace that India's Bharti Airtel planned to go up against China Mobile (NYSE: CHL; 0941.HK) for control of a USD 19 bln, 51% controlling stake in South African operator MTN, a source close to China Mobile says that China Mobile's overseas strategy is focused on cost control.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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