INSUBCONTINENT EXCLUSIVE:
Mittal and others in the founder group will also participate in the share purchase, the company said in a statement.The company said that
shareholders would be eligible to buy one share for every 14 share they hold in the telecom firm.India, one of the world's biggest
data in late 2016.With more than 352 million subscribers, Airtel is India's second biggest carrier by users after Jio.Mr Ambani has forced
several rivals out of the market while others such as the local unit of Britain's Vodafone and India's Idea merged to withstand Jio's
onslaught.Mr Ambani has also won the backing of Facebook as well as Qualcomm and Intel for his Jio Platforms digital unit, the parent of his