MTN will oundoubtedly become a huge take over/merger target in future. Technology is moving in one direction, and the prerequisites for that is wireless connectivity and continues connectivity. These telecoms companies will have to move into the content space and consolidation in that space is inevitable. Data earnings will eventualy top voice call earnings. A nice merger would be Naspers and MTN for instance, but I'm sure the competition commision will have something to say about that, but just imagine the possibilities. I think MTN is a must in any serious long term portfolio, irrespective of how the shareprice performed after the Bharti/MTN deal that went bust. The world cup will also be a very good earnings month for MTN in SA. omo
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