Amazon in talks with Bharti Airtel to shop for stake: Report

Amazon in talks with Bharti Airtel to shop for stake: Report

by admin- Thursday, June 4th, 2020 05:20:23 PM

According to reports, Amazon.Com is in early-stage talks to buy a stake worth at the least $2 billion in Bharti Airtel, that is India’s third-largest telecoms enterprise with more than 300 million subscribers.

Based at the contemporary marketplace value of Bharti, Amazon would buy a 5% stake if the proposed investment takes shape.

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