According to me,the collapse ain't that bad.The fervor with which the merger talks transpired stands testimony to the rising Indian corporate statistics.Mergers and acquisitions have become the order of the day.This deal signifies the thirst of Indian companies to surge ahead in global corporate index.MTN isn't the final destination.The South African national pride which led this historic deal to a failure isn't the right metric for sustained growth in business.Globalization knows no barriers and there has to be the right mindset to grab opportunities at hand.Else developed economies wouldn't have been what they are today.
This definitely would find its way out.Already we have Sweden's Millicom and Kuwait's Zain in Mittal's radar for the next round of a merger.Bharti can also concentrate on its expansion into the Indian 3G space.And most importantly this collapse would not add more to the Bharti's debt books of 4 million USD.This merger was of strategic importance to Bharti's dreams.But from a common man's point of view it meant nothing more than a newspaper headline or may be a day's debate over a cup of coffee.
