Singtel to acquire 7.4% stake in Bharti Telecom

Singapore Telecommunications (Singtel) has acquired 7.39 percent stake in the Indian telecom company, Bharti Telecom the parent of Bharti Airtel. It plans to acquire a 21 percent stake in Intouch for 1.58 billion Singapore dollars ($1.18 billion) and an additional 7.39 percent stake in Bharti Telecom for 884 million Singapore dollars ($650 million), through wholly-owned subsidiaries. This … Continue reading "Singtel to acquire 7.4% stake in Bharti Telecom"

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