It is the holding company of Bharti Airtel in India. The acquisition will be done via Temasek Holdings, which holds a majority stake in Singtel. The deal valued at $659.51 mn. This will allow Singtel to further strengthen its holding capacity in India via Bharti Airtel, which is India’s largest telecom operator in terms of subscriber base.

Singtel signs an agreement to acquire 7.39% stake in Bharti Telecom Limited

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