India's BSNL looking at smaller buys in Africa
New Delhi, December 3, 2009
Indian state telecoms Bharat Sanchar Nigam Ltd (BSNL) is looking at smaller acquisition opportunities in Africa, its chairman said on Thursday.
"We are looking at many deals, smaller ones, in Africa mostly," Kuldeep Goyal told reporters on the sidelines of an industry conference.
He declined to comment on whether Bharat Sanchar, which has put on hold its plan to acquire a stake in Zain, would go it alone to take a holding in the Kuwaiti mobile operator. – Reuters