ArticleSingtel Sells $1.2 Billion Stake in Bharti Airtel as Part of Asset Restructuring
Singtel has sold a 0.8% stake in Bharti Airtel for about $1.2 billion as part of its asset recycling strategy. The sale reduces Singtel’s holding in the Indian telecom firm to 27.5% and supports its push to invest in digital infrastructure and strengthen its balance sheet.