Home > News > Science and Tech > Singtel sells about $1.2 billion stake in India's Bharti Airtel

Singtel sells about $1.2 billion stake in India's Bharti Airtel

Written By: TDG Syndication
Last Updated: November 7, 2025 11:04:02 IST

(Reuters) -Singapore Telecommunications said on Friday its unit sold a 0.8% stake in India's second-largest mobile carrier Bharti Airtel for S$1.5 billion ($1.16 billion). More than 55 million shares of Bharti Airtel were traded through block deals, according to data from LSEG. Bharti Airtel shares were last down about 4%. Singtel unit Pastel sold 51 million shares of Airtel at a price of 2,030 rupees ($23.10) per share, it said, a discount of about 3.1% to Airtel's last close on Thursday. Bharti Airtel did not respond to a Reuters request for comment. Bloomberg News first reported the news on Thursday. ($1 = 1.2942 Singapore dollars) ($1 = 87.8950 Indian rupees) (Reporting by Aleef Jahan and Shivangi Lahiri in Bengaluru; Editing by Mrigank Dhaniwala and Rashmi Aich)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.