Having secured funding commitment for the now-aborted $23 billion MTN deal, Bharti Airtel is likely to look for other opportunities in South Africa and Asian markets.
The idea is to reduce capital investments and improve profitability.
The 3G, 4G data and Airtel Money services are the next growth engines for the company in Africa.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.