Bharti Airtel

SINGAPORE (Dec 20): The telco sector has seen quite a shake-up this year as new entrant TPG Telecom starts to spin up its 4G network, while incumbent M1 was successfully taken private.

SINGAPORE (Dec 9): UOB Kay Hian is maintaining its “hold” call on Singtel, with a target price of $3.32, indicating that stock trades at above its 5-year EV/EBITDA mean of 13.6x. 

SINGAPORE (Nov 22): DBS Group Research is upgrading Singapore Telecommunications (Singtel) to “buy” and raising its target price by 15.4% to $3.60, on the back of earlier-than-expected tariff hikes in India.

SINGAPORE (Nov 25): The price war between the three main Indian telcos appears to have eased after Bharti Airtel, Vodafone Idea and Reliance Jio announced mobile-data price hikes starting December.

SINGAPORE (Nov 18): Singapore Telecommunications recorded its first-ever quarterly loss — of $668 million — in 2QFY2020 as it made provisions for a huge fine levied on the Indian mobile industry by its regulator.

SINGAPORE (Aug 8): Singtel reported 1Q earnings ended June of $541 million, or 3.32 cents per share, 35% lower than the $832 million a year ago.

(June 20): After racking up US$59 billion ($80.2 billion) of net debt to survive a brutal war in the world’s second-biggest phone-services market, some of India’s billionaires are bracing for more as their next battle looms: 5G.

SINGAPORE (Mar 11): GIC, Singapore’s sovereign wealth fund, is making a concerted effort to help Singapore Telecommunications (Singtel), the largest government-linked company, maintain the city state’s hold on India’s Bharti Airtel, which is tapping

SINGAPORE (Mar 11): Analysts are keeping their recommendations on Singapore Telecommunications (Singtel) – for now – after the telco announced it is subscribing for approximately US$525 million ($713.3 million), or 15%, of Bharti Airtel’s US$3.5 bil

(Mar 7): Singapore Telecommunications (Singtel) said it will buy roughly US$525 million ($712.4 million) worth Bharti Airtel stock as part of the Indian telecoms operator's plan to raise US$4.6 billion through new shares and bonds.