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SINGTEL SHARE IN BHARTI-AIRTEL MAY FALL 19 PERCENT

With talks for the BHARTI-MTN merger underway since 25 May, SingTel could see its stake fall to a significant extent after the merger. Singapore Telecommunications (SingTel), is one of the major stakeholders in Bharti Airtel as per a Citigroup report, “SingTel, which operates in Singapore and Australia, has no direct involvement in the deal but its current 30.5 per cent stake in Bharti (will) get diluted to 19.4 per cent,”… Read More

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