Bharti Airtel

Tech

The US$84 bil dilemma vexing India's three telecom tycoons

(June 20): After racking up US$59 billion ($80.2 billion) of net debt to survive a brutal war in the world’s second-biggest phone-services market, some of India’s billionaires are bracing for more as their next battle looms: 5G.

In print this week

GIC has Singtel's back in Bharti Airtel rights issue

SINGAPORE (Mar 11): GIC, Singapore’s sovereign wealth fund, is making a concerted effort to help Singapore Telecommunications (Singtel), the largest government-linked company, maintain the city state’s hold on India’s Bharti Airtel, which is tapping

Broker's Calls

Analysts stand ground on Singtel amid Bharti Airtel rights issue

SINGAPORE (Mar 11): Analysts are keeping their recommendations on Singapore Telecommunications (Singtel) – for now – after the telco announced it is subscribing for approximately US$525 million ($713.3 million), or 15%, of Bharti Airtel’s US$3.5 bil

M&A

Singtel to buy US$525 mil worth of stock in India's Bharti Airtel

(Mar 7): Singapore Telecommunications (Singtel) said it will buy roughly US$525 million ($712.4 million) worth Bharti Airtel stock as part of the Indian telecoms operator's plan to raise US$4.6 billion through new shares and bonds.

Results

Singtel 3Q net profit falls 14% hurt by regional associates

SINGAPORE (Feb 14): Singapore Telecommunications on Thursday reported a 14% drop in third-quarter net profit, due partly to intense competition in India and the impact of network investments by regional associates, and forecast a small decline in full-yea

Broker's Calls

Why Singtel is CGS-CIMB preferred telco pick

SINGAPORE (June 18): CGS-CIMB Securities is maintaining its “add” call on Singtel with a target price of $3.90. Singtel is also the research house’s preferred Singapore telco pick.

M&A

Bharti unit to merge with Indus, creating US$14.6 bil firm

MUMBAI (Apr 25): Bharti Airtel agreed to merge a unit with closely held Indus Towers in a deal that creates a US$14.6 billion ($19.4 billion) telecom tower operator that would be the largest outside China.

Broker's Calls

Singtel to see growth moderation from regional mobile associates: UOB

SINGAPORE (Apr 16): UOB Kay Hian is maintaining its “buy” call on Singapore Telecommunications (Singtel) with a target price of $4.35.

Broker's Calls

Why investors should 'buy' Singtel in spite of rising competitive risks: RHB

SINGAPORE (Mar 15): RHB is reiterating its “buy” call on Singtel given its underperformance over the past year following its selldown.

Broker's Calls

Merger with Tata unit can only benefit Singtel’s Bharti Airtel

SINGAPORE (Oct 16): UOB KayHian is maintaining its “buy” on Singapore Telecommunications (SingTel) with a target price of $4.53 given 14.8% owned Bharti Airtel will gain 44 million mobile subscribers and addition spectrum from its merger with Tata Tel
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