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FACTBOX-India's Bharti in talks with South Africa's MTN
May 25 (Reuters) - India's Bharti Airtel Ltd (BRTI.BO) and South Africa's MTN Group (MTNJ.J) have restarted merger talks to create a major emerging markets telecoms group, a year after previous talks broke down over who would control a combined entity.
Based on end-March figures, a merger would create one of the world's top four mobile firms by users with 195 million mobile subscribers in more than 20 countries. Bharti also has fixed-line operations.
Bharti said the potential value of what is a complex deal in which both firms pay cash and stock for stakes in each other, was more than $23 billion.
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Following are key facts about the two companies:
Bharti Airtel MTN Revenue $7.8 bln (FY ended March) $12.3 bln (FY ended Dec) Profit $1.8 bln $2.1 bln Market Cap $34.5 bln
$26.9 bln Subscribers 96.6 mln (Mobile, March) 98.2 mln (March)
BHARTI AIRTEL:
* Bharti Airtel is the leading operator in India, the world's fastest-growing wireless market. The firm competes with 10 others in an increasingly crowded Indian mobile sector.
* Bharti said on May 15 its total subscriber base had crossed 100 million, doubling since October 2007. It hopes to double customers to 200 million within three years.
* Bharti, which began mobile services in 1995 after India opened up the sector, also has mobile operations in Sri Lanka.
* Southeast Asia's top phone firm, Singapore
Telecommunications (STEL.SI), owns about 31 percent of Bharti.
* Bharti's main rivals in India are Reliance Communications Ltd (RLCM.BO), whose tie-up talks with MTN failed last year, and Vodafone Essar, majority owned by Vodafone (VOD.L).
MTN:
* Founded in 1994, MTN operates in 21 countries in Africa and the Middle East. The bulk of its subscribers are in South Africa, Nigeria, Iran, Ghana, Syria, Cameroon, and Uganda. It is Africa's largest mobile phone operator by subscribers.
* MTN said on its website it reached 100 million subscribers in April. * MTN's major competitors are Vodacom (VODJ.J), the South African mobile operator in which Vodafone (VOD.L) holds a majority stake; South Africa's No. 3 wireless firm Cell C [CELL.UL], and Kuwait's largest mobile operator Mobile Telecommunications Co (ZAIN.KW).
Top global wireless firms by subscribers (millions)
China Mobile (0941.HK) - 477 (end-March)
Vodafone (VOD.L) - 303 (end-March)
Telefonica SA (TEF.MC) - 198 (end-March)
America Movil (AMX.N) - 187 (end-March)
Telenor (TEL.OL) - 166 (end-March)
China Unicom (0762.HK) - 133 (end-2008)
($1=47.2 rupees=8.3 rand)
(Source: Thomson Reuters; Reuters News; company websites)
(Compiled by Sumeet Chatterjee; Editing by John Mair)
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