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Thursday, June 10, 2010

Financial Times

BT IMPROVES PAY OFFER TO STAVE OFF STRIKE
FT reports that BT has, in an attempt to stave off a substantial strike, sweetened its offer to workers, offering a three-percent wage increase for next year.
BHARTI FACES FIGHT ON ZAIN DEAL
Although Bharti Airtel announced the completion of its US10.7-billion acquisition of Zain’s African assets yesterday, the deal may not be quite sealed yet. Econet Wireless, a South African mobile operator, is claiming that a disagreement over the ownership of Zain’s Nigerian operations remains unresolved.

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