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Singtel to dispose of 3.3% stake in Airtel to Bharti Telecom for $2.25 bil
The sale which will see an estimated $0.6 billion net gain on divestment for Singtel.
August 25, 2022
M&A
Singtel to buy US$525 mil worth of stock in India's Bharti Airtel
(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.
March 07, 2019
Broker's Calls
Why investors should 'buy' Singtel in spite of rising competitive risks: RHB
SINGAPORE (Mar 15): RHB is reiterating its “buy” call on Singtel given its underperformance over the past year following its selldown.
March 15, 2018
Singtel increases stake in Bharti Airtel to 39.5%
SINGAPORE (Feb 5): Singtel has increased its effective stake in Bharti Airtel by 0.9 percentage points to 39.5%.
February 05, 2018
Update
Singtel to pay $2.5 bil for Temasek’s stakes in Intouch, Bharti
SINGAPORE (Aug 18): Singapore Telecommunications agreed to pay $2.47 billion for stakes in Thailand’s Intouch Holdings and India’s Bharti Telecom to broaden access to fast-growing wireless markets in the countries and in Africa.
August 18, 2016
Singtel to acquire shares in Intouch and Bharti Telecom from Temasek for $2.5 bil in total
SINGAPORE (Aug 18): Singtel has entered into conditional share purchase agreements with Temasek to acquire 21% of Intouch Holdings pcl and 7.39% of Bharti Telecom for a total consideration of $2.47 billion.
August 18, 2016