RTR Exclusive: Amazon in talks to buy $2bn stake in Indian telco Bharti Airtel – sources

June 4, 2020 LoadstarEditorial

REUTERS reports:
Amazon.com (AMZN.O) is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel (BRTI.NS), three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy.
The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current market value of Bharti and would give India’s third-largest telecoms company a ...

The post RTR Exclusive: Amazon in talks to buy $2bn stake in Indian telco Bharti Airtel – sources appeared first on The Loadstar.

Previous Article
On the wires: The Kuehne + Nagel shrinkage continues – where to now?
On the wires: The Kuehne + Nagel shrinkage continues – where to now?

“Kuehne + Nagel (K+N) has announced that it has signed over four of its distribution hubs in France to loca...

Next Article
Supply chain radar: Global Ports – From Russia with love
Supply chain radar: Global Ports – From Russia with love

There are few port operators around the world that specialise in a particular geographic niche and yet can ...