India: Bharti Airtel to acquire Orascom’s stake in subsea cable network unit

India: Bharti Airtel to acquire Orascom’s stake in subsea cable network unit

REUTERS/Adnan Abidi

India’s largest mobile phone company Bharti Airtel Ltd, through its subsidiary Network i2i Ltd, has agreed to acquire Orascom Telecom Media and Technology Holdings’ stake in Middle East North Africa Submarine Cable Systems (MENA-SCS) for an undisclosed amount, according to a stock market disclosure.

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