Amazon reportedly considering $2 billion stake in Indian telecom operator Bharti Airtel

Amazon .com may follow its American peer Facebook’s footsteps in securing a slice of India’s booming telecom market.

The e-commerce giant, which has invested over $6.5 billion in India, is in early-stage talks to buy a 5% stake worth at least $2 billion in Bharti Airtel, the third-largest telecom operator in India, according to unnamed sources cited by Reuters.

Amazon’s interest in Bharti Airtel comes as Google is said to be in separate talks to buy stake in Vodafone Idea, the second largest telecom operator in India. In April, their rival Facebook bought a 9.99% stake in the nation’s top telecom operator, Reliance Jio Platforms. According to local media reports, Microsoft is also in talks with Reliance Jio Platforms and could invest as much as $2…

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