Singtel to sell 3.3% stake in Bharti Airtel for $1.6b

Singtel to sell 3.3% stake in Bharti Airtel for $1.6b

Photo: Bloomberg

Singapore Telecommunications Ltd on Thursday said it would sell a 3.3% stake in India’s Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about S$2.25 billion ($1.61 billion).