THE National Treasury is processing an exchange control "application from MTN" for a proposed tie-up with India's Bharti Airtel, in the clearest indication yet that the deal is proceeding - despite some shareholder opposition.

THE National Treasury is processing an exchange control "application from MTN" for a proposed tie-up with India's Bharti Airtel, in the clearest indication yet that the deal is proceeding - despite some shareholder opposition.

Government yesterday declared support for the deal which MTN and Bharti have been negotiating since May. - Reuters

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