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Vodafone Group Plc may sell stake in Bharti Airtel Ltd-Business Standard

Monday, 26 May 2014 01:26am EDT 

Bharti Airtel Ltd:Vodafone Group Plc will sell its 4.4 pct stake in Bharti Airtel if rules no longer permit telecom operators to keep share in competitors, a top executive of Vodafone India said-Business Standard.Vodafone had said it holds 4.4 pct stake indirectly in Bharti.Vodafone has to sell its entire stake in Airtel following new norms issued by government that bars a telecom operator from holding any kind of stake in competition under Unified Licences.