Tricky negotiations

Bharti Airtel and MTN are talking about a deal. An $80bn mobile tie-up between the Indian and South African operators looks easy on paper, but an Indian billionaire, a sovereign wealth fund, and the politics of black economic empowerment will make negotiations tricky. Sunil Bharti Mittal is a determined man. The chairman and founder of Bharti Enterprises, the ultimate parent company of Bharti Airtel, has over the years transformed his small bicycle parts business into India’s leading mobile ope...