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Bharti Airtel says not seeking new buys

Sun Nov 8, 2009 12:24pm IST
 
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NEW DELHI, Nov 8 (Reuters) - Bharti Airtel (BRTI.BO: Quote, Profile, Research) chairman Sunil Mittal said on Sunday that the company was not actively seeking acquisitions after its $23 billion planned tie-up with South Africa's MTN (MTNJ.J: Quote, Profile, Research) collapsed.

"Hopefully sometime soon," Mittal said, replying to a question whether the company was looking at new buys. "We are taking a break." (Reporting by Devidutta Tripathy; Editin by Alistair Scrutton)

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