India: Tata group looks to exit telecom, in talks with Airtel

India: Tata group looks to exit telecom, in talks with Airtel

Tata logos are seen at their flagship showroom before the announcement of their Q3 results in Mumbai February 14, 2013. REUTERS/Vivek Prakash/Files

The Tata group is looking to exit its telecom business, which hasn’t really paid off, and is in talks with Bharti Airtel Ltd, three people familiar with the matter said.

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