Premarital difficulty

[rpm]

MTN and Reliance Communications deal

Network incompatibilities could make a deal between MTN and India’s second largest mobile operator Reliance Communications difficult.

 

[mancombseepgood]

This is SHOCKING:

Though it is Reliance that approached MTN about a possible deal, the SA group is by far the bigger of the two. In the year to March 2008, Reliance reported sales of US4,8bn and earnings before interest, tax, depreciation & amortisation (Ebitda) of $1,3bn; in the year to December 2007, MTN notched up sales of R73,1bn (9,5bn at R7,70/) and Ebitda of R31,8bn (4,1bn).

India is not short of people afaik

 

[djrwb]

This is SHOCKING:



India is not short of people afaik

What is even more shocking

MTN 68 million subscriibers revenue $9.5 billion
Relliance 48 million subscribers revenue $4.8 billion

MTN revenue 100% more with only 40% more subscribers
EBITDA around 250% higher
Shows how high our Telecommunication costs are

 

[mancombseepgood]

Exactly!