Amazon in talks to buy $2 billion stake in Bharti Telecom Airtel

The Amazon USA has planned to investment in Airtel around $2 billions stake in Indian telecom Bharti Airtel based on the current market value which is the third-largest company with 300 millions subscribers base include 2G, 3G and 4G Volte.

Bharti Airtel confirmed that the 5G network testing will come with Ericson and Nokia starting in the next year 2021. Amazon.com in early talks to buy a stake in Indian mobile operator Bharti Airtel that sees growing attraction towards of India’s digital economy for US Tech giants.

Amazon counts India as growing market share it has reveals $6.5 billion in investments in near future to expanding e-commerce along food retail business in India.

Bharti Airtel said they work with all digital players to bring their products all together at one place to attract customers, “Beyond that there is no other activity to report said in statement”

credits amazon