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Singapore Telecom Major To Sell $1.6B Stake In India's Airtel To Boost 5G, Growth Initiatives
Thursday, August 25, 2022 - 1:36am | 310Singapore Telecommunications Limited (OTC: SGAPY) has announced it will sell a 3.3% stake in Indian telecom player Airtel to Bharti Telecom, for approximately S$2.25 billion ($1.61 billion), as part of its capital recycling strategy. After this transaction, the Singtel Group is expected to own an...