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| Exchange Received Time 05/06/2020 08:15:52 Exchange Disseminated Time 05/06/2020 08:15:59 Time Taken 00:00:07 | This is with reference to the news item titled 'Amazon in talks to buy $2 Bn. stake in Indian telco Bharti Airtel' published in media on June 04, 2020. In this regard, it is clarified the Company routinely works with all digital and OTT players and has deep engagement with them to bring their products, content and services for our wide customer base. Beyond that, there is, at this stage, no such proposal in consideration.
We are concerned with such media reports which are published despite appropriate timely clarifications by the respective companies. Such speculative reporting while moving the stock price leads to unwarranted consequences and can result in reputational impact. We urge you to take adequate steps to deal with such practices which of late have become a regular pattern especially in the telecom sector. |
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