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Sunil Mittal re-appointed Chairman of Bharti Airtel for 5 years

Sunil Mittal re-appointed Chairman of Bharti Airtel for 5 years

Sunil Bharti Mittal has been re-appointed as the Chairman of telecom giant Bharti Airtel for another five year, with effect from October 1, 2016.

Singtel to pick 7.39% stake in Bharti Telecom for $659 mn

Singtel to pick 7.39% stake in Bharti Telecom for $659 mn

Singapore Telecommunications Ltd (Singtel) on Thursday said it will buy 7.39 percent stake in Bharti Telecom Ltd, the holding company of India's largest telecom firm Bharti Airtel, for USD 659.5 million (over Rs 4,400 crore).

Singapore Telecom Q4 net profit rises 4.5%

Shares in the firm were up 0.46% at Sg$4.38 on Singapore`s stock exchange on 14th May.

Singtel buys US cyber security firm for $810 million

Singapore Telecommunications Ltd agreed to buy U.S.-based cyber-security firm Trustwave for $810 million, in a deal that will expand Southeast Asia`s largest telecommunications operator`s cloud-based services.

SingTel to be first to own 100% stake in Indian telecom firm

The SingTel's Global (India) Pvt Ltd's proposal has been cleared, said Department of Economic Affairs Secretary Arvind Mayaram, who heads the FIPB.

SingTel raises Bharti Airtel stake for $302.2 million

Singapore Telecommunications Ltd said on Thursday it will increase its effective interest in Bharti Airtel Ltd to 32.34 percent from 30.76 percent, paying around Singapore dollar 383.6 million.

Sunil Mittal and Airtel have practised high standards: SingTel

Singapore based telecom firm SingTel, which holds over 30 percent stake in Bharti Airtel, today said it has full faith in the company’s corporate governance standards under the leadership of company's chairman Sunil Bharti Mittal.

TDSAT sets aside Rs 50 cr penalty by DoT on Airtel, Tata Comm

Telecom tribunal TDSAT Friday set aside Rs 50 crore penalty imposed by DoT on Bharti Airtel and Tata Communications on charges of violation of international long distance licence norms while providing private lease circuits to SingTel.

SingTel Q4 net profit up by 30% at SGD 1288.7 million

Singapore-based SingTel, which holds 32.3 percent stake in Bharti Airtel, Thursday posted 30 percent jump in net profit to Singapore Dollar (SGD) 1,288.7 million for the quarter ended on March 31, 2012.

SingTel to acquire California-based Amobee for $321 mn

SingTel said it would pay USD 321 million for the acquisition of Amobee, which would complement existing advanced geo-localisation capabilities.

Singtel Q3 net dips due to 3G losses at Bharti Airtel

Singapore's telecom major SingTel, which holds 32.3 percent stake in Bharti Airtel, on Monday posted 9.6 percent decline in net profit to 902 million Singapore dollar for the October-December quarter.

SingTel Q2 profit misses forecast as Bharti contribution falls

SingTel earned S$882 million for the second quarter ended September 30.

SingTel Q1 profit falls, sees improvement in Bharti

Singapore Telecommunications (SingTel), Southeast Asia's biggest telecom firm, posted a surprise 2.9 percent fall in its first quarter net profit on Thursday, hurt by weaker contributions from Indian associate Bharti Airtel.

DoT may ask TataComm, Airtel to end ILD pacts with SingTel

The DoT may ask two leading private operators-- Bharti Airtel and Tata Communications-- to terminate their contracts with SingTel, which was allegedly offering international long distance services here without a licence.

SingTel hikes stake in Airtel

Singapore Telecommunications (SingTel) has bought an additional 1.52 per cent stake in India’s largest private telecom Bharti Airtel and will pay up to Rs 3008.4 crore in three installments ranging over 18 months.

SingTel boosts stake in Bharti Airtel to 31.95%

Singapore Telecommunications has agreed to increase its effective stake in India`s mobile phone operator Bharti Airtel to 31.95 percent from 30.43 percent, the company said.

MTN faces `identity crisis` in Bharti deal

MTN`s USD 23 bn deal to merge with Bharati Airtel is being delayed as the company does not want to "lose its identity" and wants its South African base to be the "mother ship" of the new entity that will span two continents.