The head of the South African mobile phone giant with huge interests in Africa was lauded by analysts here for having led MTN to great heights, but some felt that Nhleko's two failed attempts at a deal with Bharti Airtel had tarnished his image.
"Bharti has decided to disengage from the ongoing talks and has conveyed the same to MTN," the company said. "The MTN board has now presented a completely different structure," the statement said, than what was agreed earlier.
The battle between the Ambani brothers flared up again today -- this time over the Anil Dhirubhai Ambani Group's (ADAG's) bid to seal a merger deal with South African telecom company, MTN.