Tag: Indian Telecom industry

Amazon in talks to buy $2bn stakes in Bharti Airtel: Reuters

Online retail giant Amazon is reportedly in talks with Indian mobile operator Bharti Airtel to buy a stake worth at least $2 billion. According to a Reuters report, the deal is expected to “turbocharge” India’s digital economy. If the alleged transaction comes through, Amazon would roughly acquire 5% stake in the country’s third largest telecom…