Jersey-based telecom joint venture of Bharti Group and Vodafone is in advanced talks to acquire JT Global.
"Jersey Airtel, a joint venture between Bharti Global and Vodafone, is in advanced talks to acquire JT Global," sources privy to the discussions said.
Jersey's Bharti Group and Vodafone refused to comment on the matter. Jersey Airtel sells Vodafone services in Jersey - an island nation off French coast in English Channel.
Apart from Jersey Airtel and JT Global, Bahrain based Batelco also has operations in the island nation.
"It is an extremely small market so merger makes sense," the sources said. Jersey has an estimated population of around 1 lakh people.
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