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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.
June 20, 2019
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
March 12, 2019
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
March 11, 2019
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.
March 07, 2019
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
February 14, 2019
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.
June 18, 2018
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.
April 25, 2018
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.
April 16, 2018
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.
March 15, 2018
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
October 16, 2017