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SINGAPORE/MUMBAI (Reuters) - A unit of top Indian phone carrier Bharti Airtel Ltd will sell a stake worth about 26.17 billion rupees ($400 million) in mobile masts operator Bharti Infratel Ltd on Tuesday, according to a deal term sheet.
The price range is a nil to 3.7 percent discount to Bharti Infratel's Monday closing price on the National Stock Exchange.
The sale is scheduled to take place on Tuesday.
J.P. Morgan, UBS and Goldman Sachs are handling the share sale.
($1 = 65.4650 Indian rupees)
(Reporting by S. Anuradha of IFR and Sankalp Phartiyal; Writing by Devidutta Tripathy; Editing by Louise Heavens)
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