The Abu Dhabi Group, which has agreed to sell its 70 per cent stake in Bangladesh's Warid Telecom to Bharti Airtel, expects the deal to be completed by mid-January, 2010, a top official said on Wednesday.

India's Bharti will also gain management control of Warid, Bangladesh's fourth-biggest telecom company, with Abu Dhabi Group retaining a 30-per cent stake.

"We expect to seal the deal by mid-January 2010," Ali Tahir, Abu Dhabi Group Chief Commercial Officer told Reuters by phone.

He declined to state the sale price. – Reuters