“China Mobile has grown the cloud space in its home market and is now scouting for investment opportunities overseas. It has initially proposed a structure which is similar to what Singtel has with Airtel, but for growing the cloud services market here," the person cited above said. Bharti Telecom is the single-largest shareholder in Bharti Airtel with about 41% stake. Singtel owns 48% in Bharti Telecom, which gives it a 35% stake in Bharti Airtel.