Jersey Airtel in talks to acquire stake in JT Global

New Delhi: Jersey Airtel, a subsidiary of Bharti Global, is in talks to acquire a minority stake in telecom operator JT Global.

"Airtel and JT have confirmed that they are in initial talks to merge their operations across the Bailiwicks of Jersey and Guernsey," said a joint statement by Airtel and JT.

"The proposed arrangement under discussion would see Airtel take a strategic minority interest in JT, with the states of Jersey retaining majority control," it said.

Apart from Jersey Airtel and JT Global, Bahrain based Batelco also has operations in the island nation off the French coast in the English Channels