Batelco to Sell STel Stake to India’s Sky City Foundation - Wall Stree
 

08-02-12 02:15 PM

DUBAI – Bahrain Telecommunications Co., or Batelco, the country’s biggest telecom operator, said Wednesday it has entered into an agreement to sell its 42.7% stake in India’s STel to Sky City Foundation for 65.8 million Bahraini dinars ($175 million).

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