Amazon in talks to acquire $2 billion stake in Bharti Airtel: Reports
If the investment goes as planned, Amazon would acquire a 5% stake in the current market value of Bharti
Global e-commerce giant Amazon is reportedly in talks to acquire a $2 billion stake in Indian mobile operator Bharti Airtel.
If the investment goes as planned, Amazon would acquire a 5% stake in the current market value of Bharti, which has more than 300 million subscribers in India.
Amazon is the latest among a slew of global players -- which includes Facebook, Google & Microsoft -- who have shown interest in investing in India’s booming telecom market.
Reports also suggest that the talks are in the initial stages and are highly confidential at the moment.For more updates, be socially connected with us on
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