Singtel
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SoftBank, SingTel, Temasek, others to invest $1.25 bn in Airtel Africa; co to use funds to reduce debt, upgrade network
•The Africa business helped Bharti Airtel post positive income at the end of first quarter of 2018-19.
Six global investors, including Softbank group and Warburg Pincus, to invest $1.25 billion in Airtel Africa
•Singapore-based operator Singtel to invest Rs 2,649 crore in Bharti Telecom
•The investment comes within 23 months of Singtel's participation in Bharti Telecom's Right Issue of Rs 2,500 crore, which was completed in February 2016.
Singtel to buy more stake worth $650 million in Bharti Airtel
Fp Archives •Singapore Telecommunications (Singtel) on Thursday said it is acquiring 7.39 per cent additional stake in the holding arm of India's largest telecom company Bharti Airtel for around $650 million.
Singtel to acquire 7.4% stake in Bharti Telecom, to pump in $1.8 bn in mobile cos
•Singtel has built a portfolio of stakes in regional mobile associates as it hunts for growth outside its small and mature home market of Singapore
SingTel to raise 32% effective stake in Airtel
Fp Archives •Following the investment, expected to conclude by 28 August, SingTel's effective stake in Bharti Airtel will increase from 30.76 percent to 32.34 percent.
SingTel to be first foreign co to own full stake in Indian telco
Fp Archives •SingTel to pay $302 mn for more stake in Bharti Airtel
Fp Archives •SingTel, Southeast Asia's largest telecommunication operator, said it had agreed to buy 788,538 shares, or 3.62 percent, of Bharti Telecom. Bharti Telecom holds approximately 43.57 percent of Bharti Airtel.
Have full faith in Airtel's governance standard under Mittal: SingTel
Fp Archives •SingTel holds over 30 percent stake in Bharti Airtel. The company added that the court summons are in relation to additional spectrum awarded in 2002 - 2003 according to the policy of the Indian Government.
SingTel Q2 net profit down 1.2% as Bharti drags earnings
Fp Archives •Singapore Telecommunications (SingTel) reported on Thursday a 1.2 percent fall in second quarter net profit, falling short of analysts' expectations.