10.7 billion dollars – that’s the amount spent by Bharti to acquire
Zain’s African operations. Makes one
wonder just to what level a company will go to further itself. Not very long ago,
Sunil Mittal, the boss of the Bharti Group had stated that in an
article to Forbes Magazine that he was like a “Junkie Looking For His Next Fix”.
With Zain in Africa, Mittal has got his big fix .In one way Bharti was obsessed
with acquiring Zain after the MTN deal did not work out. Now that they have,
Bharti’s African safari has just begun.