Bharti Airtel (Airtel)

M&A

Carlyle to acquire 25% stake in Bharti Airtel’s data centre business for US$235 mil

Nxtra says it will use the proceeds from this transaction to continue scaling up its infrastructure and offerings across India.

Funds

Tantallon sees V-shape recovery and opportunity for Bharti Airtel

V-shape recovery underway for Bharti Airtel

Broker's Calls

One less overhang for Singtel as telco sees lift from Bharti Airtel fees: Maybank

SINGAPORE (Dec 4): Maybank Kim Eng Research is raising its target price for Singapore Telecommunications by 8% to $3.72, after its Indian associate Bharti Airtel announced tariff increases.

Results

Bharti Airtel provision sends Singtel $668 mil into the red

SINGAPORE (Nov 14): Singapore Telecommunications saw a slight drop in revenues for 2QFY2020, but recorded a loss of $668 million, as it made provision for a huge licence fee and spectrum usage charges levied on the entire India mobile industry by its reg

Transport

Singtel tops sector amid headwinds; StarHub leads in ROE; SIA, SBS Transit winners too

SINGAPORE (Sept 16): The transport, storage and communications sector has seen quite a shake-up in the last year. Among the telcos, M1 delisted, even as new providers entered the market. Meanwhile, in the transport segment, taxi operators are still fighti

Results

Singtel performance continues to be impacted by Airtel, macro environment

SINGAPORE (Aug 8): Singtel’s 1Q results might have been impacted by losses from Indian associate Bharti Airtel, however the telco believes the worst could be over as Airtel is one of the three operators to survive the industry consolidation.

Singtel invests US$250 million in Airtel Africa to pare debt before IPO: Update

SINGAPORE (Oct 24): Singtel has entered into an agreement with its regional associate Bharti Airtel (Airtel) to invest US$250 million ($344.7 million) in Airtel Africa, a subsidiary of Airtel with operations in 14 African countries.

In print this week

What the bruising telco battle in India means for Singtel

SINGAPORE (Apr 20): Singtel shareholders may be worried about the entry of TPG Telecom later this year. But they should pay just as much attention to the stiff telco battle taking place in India.

Broker's Calls

Singtel upgraded to 'buy' by RHB on broader market weakness; target price stays at $4.10

SINGAPORE (Feb 8): RHB is upgrading Singtel from "neutral" to "buy" with unchanged target price of $4.10 after its share price hit a 52-week low over the past two weeks on broader market weakness and worries over inflationary expectations

Broker's Calls

SingTel to stay on forex tailwind although Bharti seen to be a drag

SINGAPORE (Oct 27): Credit Suisse is maintaining SingTel at “outperform” with a higher target price of $4.70.
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