India Inc hopeful of Bharti, MTN deal in future

India's biggest cross-border deal has been disconnected for the second time after Bharti and South African telecom major MTN called off their talks to form world's third largest telecom company. The talks were called off after the deal got stuck over the issue of dual-listing or listing in both countries, which would have retained the national identity of MTN as a South African company. But Indian laws do not allow dual listing. India Inc, however, is still hopeful that the courtship between Bharti and MTN would continue.