Bahrain's Batelco sells India venture after telecom scandal - Deepika
 

10-02-12 03:50 AM

DUBAI, Feb 8 (Reuters) Bahrain Telecommunications Co (Batelco) has agreed to sell its 43 percent stake in Indian affiliate S Tel for $175 million, in the first foreign exit since India scrapped 122 telecoms licences last week as part of a corruption probe.

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