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India govt asks Bharti for MTN plan details-report

Thu Jun 4, 2009 11:36pm EDT

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MUMBAI, June 5 (Reuters) - India has asked Bharti Airtel (BRTI.BO) to give details about its proposed deal with South Africa's MTN (MTNJ.J) for legal scrutiny, the Business Standard newspaper said, citing a Press Trust of India newsagency report.

"We have asked for formal request/papers about the deal from company ... There seems to be no problems with the deal but still we want to be sure," Corporate Affairs Minister Salman Khurshid was quoted as saying.

The law ministry's legal opinion will be sought, he said in the report.

A spokesman at Bharti Airtel, India's top telecoms firm, said he had no comment for now.

Regulatory approvals are key to closure of the deal that would create the world's No.3 wireless group with more than 200 million subscribers and combined revenue of $20 billion. [ID:nLP34850].

Bharti chief Sunil Mittal had met Khurshid earlier this week, the newspaper said. (Reporting by Narayanan Somasundaram; Editing by Ranjit Gangadharan)



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